Saudi producer concludes PP deals with a decrease in SE Asia
by ChemOrbis Editorial Team - content@chemorbis.com
A source from a Saudi Arabian producer reported that they concluded some homo-PP raffia and injection deals in the Southeast Asian market with a decrease of $30/ton when compared to their most recent deal level in the previous week. PP deals were concluded at $1050/ton CIF SEA, cash basis.
He commented, “Our customers are still placing lower bids, however, we are now refusing to conclude deals at a lower level as we are not feeling major sales pressure.”
In Southeast Asia, import homo-PP raffia and injection prices are currently reported in the range of $990-1050/ton on a CIF SEA, cash equivalent basis.
He commented, “Our customers are still placing lower bids, however, we are now refusing to conclude deals at a lower level as we are not feeling major sales pressure.”
In Southeast Asia, import homo-PP raffia and injection prices are currently reported in the range of $990-1050/ton on a CIF SEA, cash equivalent basis.
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