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RumourSSESSMENTS: Indonesian, US PVC Cargoes Available At Astonishing Level

Author: SSESSMENTS

Market talks have it that Indonesian and US PVC cargoes are available at astonishing levels. As reported to SSESSMENTS.COM, the leading Indonesian PVC producer’s cargoes are available for Africa market at $680/ton on LC at sight, FOB Indonesia basis. Meanwhile, PVC cargoes of US origin are heard being offered to China market at $610/ton on LC at sight, CIF China Main Port basis. However, the offers were deemed to be only workable for re-exporters.

RumourSSESSMENTS are the stories and information that market players heard and asked SSESSMENTS’ Team to Verify. Often, this information is correct, and sometimes incorrect, something we conclude after the full verification process. However, while waiting for the complete verification process to complete, we wish our customers to be aware of all the stories and rumours in the market. The status for all RumourSSESSMENTS will be updated upon verification process, when the regular SSESSMENTS sections will be updated with the verified information as well.

Transactions for ethylene-based PVC on LC at sight

DateOriginTransaction TypeOffers (USD/ton)Delivery TermDelivery Country
1-Apr-2020IndonesiaSold680FOBIndonesia
1-Apr-2020USAOffer Received610CIFChina
1-Apr-2020USAOffer Given650FOBUSA

Tags: Africa,Americas,Asia Pacific,China,English,Indonesia,NEA,PVC,Rumour,SEA

Published on April 2, 2020 10:52 AM (GMT+8)
Last Updated on April 2, 2020 10:52 AM (GMT+8)