- A global trading house shared with SSESSMENTS.COM that the company adjusted import offers for PP Homo Raffia to Indonesia market this week. As informed, current import PP Homo Raffia offers of Saudi origin are $80/ton higher in comparison to the offer level available in early June, available at $960/ton on LC at sight, CIF Indonesia Main Port basis. To date, the trader has yet to receive any feedback from the customers, albeit the offer level is quite competitive.
- Whereas in Vietnam, a trader revealed to SSESSMENTS.COM that the company has yet to receive fresh offers from local producers so far. However, toward the end of the previous week, some converters in the country received offers for local PP Homo Raffia cargoes from a producer at VND25,080,000/ton ($978/ton), or at VND1,200,000/ton ($51.4/ton) higher as compared to the offer level available in early last week. Offers on cash, FD Ho Chi Minh basis and including 10% VAT.
PP Homo Raffia on cash/credit term, FD basis, excluding VAT (except PHP term includes 12% VAT and VND term includes 10% VAT all equivalent in USD excludes VAT)
Description: *Offers on 30 days credit termImport on LC at sight, CIF/CFR Southeast Asia main port basis
Tags: Asia Pacific,Daily,English,PP,SEA
Published on July 7, 2020 12:09 PM (GMT+8)
