In the United Arab Emirates, both local and the Middle Eastern producers issued their January PP and PE prices with decreases.
The local producer issued $130/ton decreases on their homo PP offers while they cut their PE offers by $10-80/ton when compared to last month on an FD Dubai, United Arab Emirates, cash basis. In the import market, a major Saudi Arabian producer lowered their PP raffia and injection prices by $60/ton to the Emirates while they issued $50-70/ton decreases for PE.