Market sources informed SSESSMENTS.COM that the deals for import Middle Eastern PP cargoes were concluded at lowest level in Southeast Asia market. On Friday morning, April 3, a global trading house stated that the company is offering import Middle Eastern PP Homo Raffia cargoes to Vietnam market at $750/ton. Customers were submitting bids at $20/ton lower from the initial offer level at $730/ton, but the trader is still considering whether accepting the bids or not. All offers on LC at sight, CIF Vietnam Main Port basis.
By Friday afternoon, a Vietnamese trader informed SSESSMENTS.COM on closing deals for Saudi PP Homo Raffia at $730/ton on LC at sight, CIF Vietnam Main Port basis.