Fresh polypropylene (PP) offers from Saudi Arabia have emerged for October 2025 shipment, with prices for both raffia and injection grades reported at USD 905/mt.
According to market sources, APC’s PP H312/1102K raffia grade (MFI 3.4) and PP H129/1100N injection grade (MFI 12) have both been offered at the same level of USD 905/mt. Payment terms were indicated as LC at sight or 30 days, though final confirmation from the supplier is awaited.
The offers are expected to set a benchmark for discussions in the Asian and Middle Eastern PP trade, where sentiment remains cautious amid abundant supply and subdued downstream demand. Market players are closely watching how these values align with competitive cargoes from other Middle Eastern producers and imports from Asia, particularly ahead of the upcoming seasonal buying cycle.
