International Polymer Offers for Southeast Asia Rise Sharply

International polymer offers for the Southeast Asian market have moved higher this week, with notable increases recorded across major grades of polypropylene, polyethylene, and other petrochemical products. The price adjustments reflect firm global sentiment and tightening supply conditions in several markets.

In the polypropylene segment, PP Film offers were assessed at $1,240/MT, up by $310, while PP Injection and PP Raffia were both offered at $1,200/MT, each rising by $310. PP Copolymer (CP) offers reached $1,260/MT, showing a weekly increase of $315, while BOPP offers were reported at $1,220/MT, up by $320.

Polyethylene grades also registered strong gains. HDPE Film was offered at $1,185/MT, up $300, while HDPE Injection stood at $1,175/MT with a $300 increase. HDPE Blow was assessed at $1,180/MT, and HDPE Raffia at $1,185/MT, both reflecting weekly gains of $300. LDPE Film offers reached $1,350/MT, up by $300, while LLDPE Film was quoted at $1,165/MT, also rising by $300.

In the PVC market, PVC Suspension offers increased to $890/MT, up by $190 during the week.

Among other polymer products, EVA was offered at $1,650/MT, reflecting a $305 increase. GPPS was reported at $1,320/MT, up $185, while HIPS rose to $1,400/MT, marking a weekly gain of $195. ABS offers reached $1,625/MT, up $280, and PET was assessed at $1,150/MT, showing an increase of $255.

Overall, the latest offer list indicates a broad-based rise in polymer prices across the Southeast Asian market, supported by firm upstream costs and tightening supply dynamics.

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