Domestic PP and PE prices increased in the Philippines April 2, 2019 (11:30)
A Philippines finished product manufacturer said domestic producers raised their domestic PP and PE offers by PHB1000 / ton (USD19 / ton) this week compared to the latest price.
Their PP offer prices are at PHP74000 / ton (USD1253 / ton excluding VAT) for homo-PP raffia and injection, PHP75000 / ton (USD1270 / ton excluding VAT) for homo-PP film and PPBC inj . and PHP81000 / ton (USD1372 / ton excluding VAT) for PPRC inj., all together on FD Philippines basis, immediate payment including VAT. For PE, the manufacturer is offering LLDPE film at PHP71000 / ton (USD1202 / ton excluding VAT) and HDPE film at PHP74000 / ton (USD1253 / ton excluding VAT) under the same conditions.