As stated to SSESSMENTS.COM, deals for PP cargoes from a Malaysian polyolefins producer were recorded in China market. As noted, July shipment offers from the producer for PP Homo Raffia stood at $940/ton on LC at sight, CIF China main port basis. As of June 17, the producer source informed that deals for the cargoes to China market were concluded at $20/ton lower than initial offer level. Further added by the source, the South Korean producer will announce July shipment offers by the upcoming week, and offers will most likely come out with an upward adjustment.
July shipment offers for PP Homo Raffia on LC at sight, CIF China Main Port basis
