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Irregular European PP origins show up in China

by ChemOrbis Editorial Team - content@chemorbis.com
  • 21/10/2014 (14:10)
A Shanghai-based trader reported that they are offering an irregular West European homo-PP injection origin to China. The trader’s offers for West European homo-PP injection stand at $1420-1430/ton CFR China, subject to 6.5% customs duty, 90 days deferred payment basis.

The trader stated, “We are focusing on homo-PP sales nowadays even though demand is not very encouraging and we are feeling uncertain about the near-term outlook.”

In China, import PP prices are currently standing at $1550-1640/ton for PP block copolymer injection, at $1386-1481/ton for homo-PP raffia, and at $1402-1462/ton for homo-PP injection, all on a CFR China, cash equivalent basis.
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