Braskem has reduced prices of polypropylene and polyethylene in Brazil in H1-November, pressured by international competitive offers, as per sources in Platts.
Offers on polypropylene grades -- homopolymer and co-polymer, by Braskem, were heard US$200/mt lower, at around US$2133/mt in the domestic market. For polyethylene grades, offers from Braskem were heard at US$2760/mt, or US$160/mt lower than the US$2920/mt in October. These prices include the Brazilian taxes, IPI and ICMS. But despite the prices reduction, the domestic offers in Brazil are still very expensive," a Brazilian distributor said. This is leading to an influx of imported material into Brazil.
07-Nov-13 
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