Sadara PMDI heard sold in Saudi Arabia amid record high prices

摘要

SINGAPORE (ICIS)--Sadara Chemical has made its initial foray into the Middle Eastern isocyanates market, with cargoes of polymeric methyl di-p-phenylene isocyanate (PMDI) heard sold in Saudi Arabia amid record high prices. Pricing details of the sale were not immediately available, but some market sources said the cargoes were available at the equivalent of around $3,400/tonne CFR (cost and freight) GCC (Gulf Cooperation Council), which is at the low end of ICIS' assessed prices in the week ended 26 October.