Pakistan’s polyethylene market has seen fresh activity with a Middle Eastern producer heard to have offered high-density polyethylene (HDPE) film grade at USD 960 per metric ton on a CFR Karachi port basis for September 2025 shipment, according to a source in the region.
The offer comes at a time when Pakistan’s polymer market has been characterized by muted trading, with buyers exercising caution amid economic headwinds, currency fluctuations, and evolving regulatory requirements on imports. Market participants noted that while HDPE film is a core grade for packaging, film extrusion, and consumer goods applications, converters have remained reluctant to commit to large volumes in recent weeks, preferring to wait for further clarity on demand and liquidity conditions.
Industry observers said the quoted level of USD 960/mt aligns with prevailing Middle Eastern offers into South Asia, reflecting the competitive stance producers are taking to secure market share. Traders remarked that Pakistani buyers are likely to benchmark this figure against alternative origins, including shipments from Asia and the GCC, before finalizing their positions for September.
While demand in Pakistan has been subdued due to the monsoon season and reduced activity in downstream packaging sectors, suppliers remain cautiously optimistic that September will bring renewed procurement interest as weather conditions improve and seasonal restocking begins. However, uncertainty stemming from tight financing conditions and compliance with new electronic invoicing rules continues to temper sentiment.
The fresh offer for HDPE film underscores the importance of Middle Eastern suppliers in Pakistan’s polyethylene supply chain. With buyers weighing price competitiveness, logistical reliability, and near-term demand prospects, the reception of this offer will serve as a barometer for broader trading activity in the weeks ahead.
