SINGAPORE (ICIS)--India’s spot polyethylene (PE) and polypropylene (PP) import prices for June have dropped by 3-5% as compared with May because of weak downstream demand and soft crude futures, market sources said on Tuesday.
Discussions for low-density PE (LDPE), linear low-density PE (LLDPE) and high-density PE (HDPE) are at $1,680-1,740/tonne (€1,176-1,218/tonne) CFR (cost & freight) India Main Port, $1,350-1,380/tonne CFR India Main Port and $1,350-1,370/tonne CFR India Main Port, respectively, according to the sources.
Raffia-grade PP discussions are at $1,640-1,670/tonne CFR India Main Port, while those for block copolymer PP are at $1,700-1,720/tonne CFR India Main Port, they said.
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