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NewsSSESSMENTS: Malaysian Polyolefins Producer Announces August Shipment PP Offers To China, Buyers Show Resistance

Author: SSESSMENTS

SSESSMENTS.COM was told that Malaysian polyolefins producer has announced August shipment PP offers to China market. As compared to July shipment, offers for PP Homo Raffia, PP Block Copolymer, and PP Random Copolymer surfaced with an increment of $70/ton. However, buyers show resistance towards these offers. More added by the producer, market talks have it that August shipment offers for PP Block Copolymer from Thailand is available at $1,040/ton, with deals heard concluded between $1,020-1,030/ton on LC at sight, CIF China Main Port basis.

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

OriginProductTransaction TypeOffers (USD/ton)
MalaysiaPP Block CopolymerOffer Given1,040
MalaysiaPP Homo RaffiaOffer Given1,010
MalaysiaPP Random CopolymerOffer Given1,130

Tags: Asia Pacific,China,English,Malaysia,NEA,News,PP,SEA,Thailand

Published on July 17, 2020 5:45 PM (GMT+8)
Last Updated on July 17, 2020 5:45 PM (GMT+8)