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NewsSSESSMENTS: Indonesian Trader Revealed Price Changes On Import PP


An Indonesian trader revealed to SSESSMENTS.COM related to the price changes on import PP cargoes to the country for several origins. As informed, offers for PP Homo Raffia from Saudi producers increased between $10-15/ton from last week, currently available at $950/ton. Meanwhile, there is no offer for PP Homo Raffia of Southeast Asia origin for this week. 

As for PP Block Copolymer, offers of Singapore and South Korea origin moved up by $20/ton compared to the same period, with the latest offers recorded at $1,020/ton and $1,000/ton, respectively. All offers are on LC at sight, CIF Indonesia Main Port basis. Further added by the trader, the overall demand for PP is stable.

Import PP offers on LC at sight, CIF Indonesia Main Port basis

OriginProductTransaction TypeOffers (USD/ton)Changes From The Previous Week (USD/ton)
SaudiPP Homo RaffiaOffer Given95010-15
SingaporePP Block CopolymerOffer Given1,02020
South KoreaPP Block CopolymerOffer Given1,00020

Tags: Asia Pacific,English,Indonesia,Korea,News,PP,SEA,Saudi Arabia,Singapore

Published on July 1, 2020 4:45 PM (GMT+8)
Last Updated on July 1, 2020 6:29 PM (GMT+8)