A source from India’s Mangalore Refinery and Petrochemicals Limited told SSESSMENTS.COM that the company has opened a tender for May shipment. As informed, the producer has opened a tender for 5,000 tons of PP Homo Raffia and 3,000 tons of PP Homo Injection, and the shipment will be in the second half of May. The source added that the company will be targeting the South Asia market, considering the tight supply in the region. At the time of publication, no bids from buyers yet, but the company expects to receive bids at above $750/ton-level CFR basis.
Click below to view related stories and content on PP:
CustomerSSESSMENTS: Susan’s Local, Import PE PP Prices To Indonesia April 21
