Saudi producer lifts homo-PP offers to Indonesia
by ChemOrbis Editorial Team - content@chemorbis.com
A global trader reported that, a Saudi Arabian producer increased their January homo-PP raffia offers to Indonesia when compared to their most recent December levels. According to the trader, the producer raised its offer by $40/ton to $1080/ton CIF Indonesia, cash.
Regarding the producer’s new offer, the trader said, “We aren’t feeling sure if this new level will see acceptance from buyers. We are receiving only a few bids nowadays since most buyers have sufficient inventory levels and they are mostly sidelined given the upcoming holidays.”
Regarding the producer’s new offer, the trader said, “We aren’t feeling sure if this new level will see acceptance from buyers. We are receiving only a few bids nowadays since most buyers have sufficient inventory levels and they are mostly sidelined given the upcoming holidays.”
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