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Trader reduces Taiwanese PPBC prices to Vietnam

by ChemOrbis Editorial Team -
  • 14/11/2014 (04:48)
A trader reported that they reduced their offers for Taiwanese PP block copolymer to the Vietnamese market in order to maintain their competitiveness. The trader’s new prices stand at $1570-1590/ton CIF Vietnam, cash, $10-30/ton below their most recent offer levels. “We are facing strong competition, especially from South Korean origins, and therefore decided to implement a reduction on our prices. We think that prices still have some room to move lower,” the trader commented.

Import PP block copolymer prices currently stand at $1480-1640/ton CIF SEA, cash equivalent basis.
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