- A trader reported to SSESSMENTS.COM that May shipment offers for PP Homo Raffia of United Arab Emirates origin surfaced with a downward adjustment of $30/ton from April shipment’s level. Contrastingly, June shipment offers for PP Homo Raffia from the leading Indian petrochemical producer increased by $20/ton compared to May shipment. While for import Saudi PP Homo Raffia, the offers are available at $810/ton on LC at sight, CIF China Main Port basis, and there is no price comparison available. The trader stated that the offers are deemed unattractive by buyers in China.
- In the local market, a trader informed to SSESSMENTS.COM that the offers for local PP Homo Raffia generally increased by CNY200/ton ($28/ton) compared to Thursday. However, the trader stated that the offers for PP Homo Raffia T30S decreased by CNY200/ton ($28/ton) compared to the same period.
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