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Trader: local PP prices move higher in Philippines

by ChemOrbis Editorial Team - content@chemorbis.com
  • 10/02/2015 (17:30)
A trader based in Manila reported that local PP prices posted some increases in the Philippines in line with the current regional trends.

The trader stated that they received a local homo-PP raffia offer at PHP60000/ton FD, cash inc VAT ($1216/ton without VAT). He said, “Local prices have firmed up around PHP2000/ton ($45/ton) compared to last week. We are planning to keep some stocks, but we will maintain our cautious stance.”
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