Strategy Note /
Saudi Arabia

Saudi Petrochemicals Market – June 2022

  • PP prices declined 5.8% mom to reach US$1,126 in June 22

  • June 22, MEG prices further declined1.7% mom to reach US$624

  • In Q2 22, average HDPE prices were up 10.1% yoy (- 0.5%qoq) while PP declined -1.2% yoy

Iyad Khalid Ghulam
Iyad Khalid Ghulam

Head of Equity Research

SNB Capital
5 July 2022
Published bySNB Capital

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