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NewsSSESSMENTS: South Korean PP Producer Sold Out May Shipment Allocation To China

Author: SSESSMENTS

A South Korean PP producer has sold out May shipment allocation to China market since last week, SSESSMENTS.COM was told. As reported, deals were concluded between $40-50/ton lower than the initial offer levels. For PP Homopolymer grades and PP Random Copolymer, deals were concluded at $40/ton lower than the initial offer levels. While for PP Block Copolymer, deals closed at $840/ton on LC at sight, CIF China Main Port basis or $50/ton lower than the initial level.

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

OriginProductTransaction TypeOffers (USD/ton)
South KoreaPP Block CopolymerSold840
South KoreaPP Homo InjectionSold810
South KoreaPP Homo RaffiaSold810
South KoreaPP Random CopolymerSold940

Tags: Asia Pacific,China,English,Korea,NEA,News,PP

Published on April 29, 2020 1:49 PM (GMT+8)
Last Updated on April 29, 2020 1:49 PM (GMT+8)