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Thai producer lifts PP prices to Vietnam

by ChemOrbis Editorial Team -
  • 12/03/2015 (18:12)
A Thai producer said that they lifted their PP prices to the Vietnamese market by $60/ton for PP raffia and by $40/ton for coating, bringing their new prices to $1320/ton CIF Vietnam, cash for raffia and injection and to $1420/ton with the same terms for coating.

“We have around 1,000 tons of material to sell and we have already done some deals for coating. Our offers for raffia and injection are meeting with some resistance, but we plan to stand firm on our prices given our lack of inventory pressure,” a producer source reported.

Import homo-PP injection and raffia prices currently stand at $1260-1320/ton CIF SEA, cash equivalent basis.
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