A global trading house informed SSESSMENTS.COM that the company is targeting to sell import PE and PP cargoes at certain levels, yet no deals were successfully achieved so far. The levels were mostly at the same level as the offer given, except for PP Block Copolymer. For this grade, the trader is willing to negotiate up to $20/ton lower than the initial offer level. The trader also revealed that offers for PP Homo Raffia from the Middle East remain unchanged compared to last week. The offers are ranging between $950-960/ton. Meanwhile, the trader’s sell idea for the cargoes is between $950-955/ton. For US LLDPE Film C4, the trader’s sell idea is between $855-860/ton, exactly the same as the trader’s offers for the grade. All on LC at sight, CIF Indonesia main port basis.
