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Initial Saudi homo-PP price for Nov announced lower to Vietnam

by ChemOrbis Editorial Team -
  • 20/10/2014 (09:30)
A converter based in Vietnam reported receiving an offer for November shipment homo-PP injection at $1480/ton CIF, cash, $35/ton below their most recent purchase price from the same source.

“We will need to purchase some additional material soon, but we have decided to wait a while longer before buying as we believe that prices still have some room to come down,” the buyer stated.

Import homo-PP injection and raffia prices currently stand at $1460-1670/ton CIF SEA, cash equivalent basis.
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