Fresh offers have emerged in Pakistan’s polyethylene market, with a Middle Eastern producer heard to have quoted linear low-density polyethylene (LLDPE) roto molding grade at USD 1,090 per metric ton, on a CFR Karachi port basis, for September 2025 shipment.
According to a source in Pakistan, the offer highlights how regional producers are positioning themselves ahead of what is expected to be a more active procurement cycle in September. After months of sluggish activity driven by weak demand and regulatory changes, the local market is gradually preparing for restocking, especially with the approaching seasonal uptick in downstream consumption.
Market players noted that while the quoted price is in line with prevailing regional ranges, buyers in Pakistan remain cautious, given the broader uncertainty surrounding currency stability, new import regulations, and high financing costs. Many converters, particularly in the packaging and consumer goods segments, have delayed large-scale purchases in recent months, opting instead for small-lot procurement to maintain flexibility in the face of fluctuating demand.
The arrival of new September offers from Middle Eastern suppliers could act as a benchmark for negotiations, particularly as Pakistani buyers weigh them against competing cargoes from other regions. Traders pointed out that the ability of Middle Eastern producers to deliver cargoes promptly, coupled with their established supply relationships in Pakistan, provides them with an advantage in securing orders despite the subdued environment.
Observers added that the LLDPE roto molding grade remains a niche but vital material for Pakistan’s plastics industry, serving key applications in tanks, containers, and specialty molded products. The level of acceptance for the offer at USD 1,090/mt will depend on whether local converters see value in securing forward volumes or continue to hold back in anticipation of softer pricing trends linked to oversupply in the broader Asian market.