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Thai producer applies additional PP increases to SE Asia

by ChemOrbis Editorial Team -
  • 12/06/2017 (12:59)
A source from a Thai producer reported that they continued to raise their PP offers to Southeast Asia this week mainly due to their limited availability.

The producer increased its homo-PP raffia offers by $20/ton to $1090/ton CIF SEA, cash basis.

A source from the producer opined, “PP futures in China displayed a rebound today. Plus, our PP supply is limited. We are yet to conclude any deals from our new level and waiting for the market’s response. We expect PE prices to increase as well.”
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