Search posts by:

Search posts by:

Newsletter successfully sent
Failed to send newletter

RumourSSESSMENTS: Deals For Saudi PP Homo Raffia To Vietnam Closed Below Threshold, Same Level As Bids

Author: SSESSMENTS

Market talks have it that deals for Saudi PP Homo Raffia cargoes to Vietnam closed below $800/ton-threshold, at the same level as buyers’ bids. As reported by market sources to SSESSMENTS.COM, most Vietnamese buyers submitted bids for import PP Homo Raffia cargoes of Saudi origin at $750/ton on LC at sight, CIF Vietnam Main Port basis. However, some sources said that deals have already closed at such a level on Wednesday morning.

RumourSSESSMENTS are the stories and information that market players heard and asked SSESSMENTS’ Team to Verify. Often, this information is correct, and sometimes incorrect, something we conclude after the full verification process. However, while waiting for the complete verification process to complete, we wish our customers to be aware of all the stories and rumours in the market. The status for all RumourSSESSMENTS will be updated upon verification process, when the regular SSESSMENTS sections will be updated with the verified information as well.  

Import PP Homo Raffia offers on LC at sight, CIF Vietnam Main Port basis

OriginTransaction TypeOffers (USD/ton)
SaudiBid Received750
SaudiSold750

Tags: Asia Pacific,English,Middle East,PP,Rumour,SEA,Saudi Arabia,Vietnam

Published on April 1, 2020 8:06 PM (GMT+8)
Last Updated on April 2, 2020 9:07 AM (GMT+8)