Transactions for import PP Homo Raffia on LC at sight, CFR/CIF Main Port basis
A China-based trader informed SSESSMENTS.COM on purchasing Indonesian PP Homo Raffia cargoes at a remarkable level. As reported, the trader purchased PP Homo Raffia cargoes from the leading Indonesian polyolefins producer at $800/ton on LC at sight, CFR China Main Port basis. Likewise, the trader bought PP Homo Raffia cargoes from the producer at $810/ton on LC at sight, CIF Vietnam Main Port basis.
Further added, the trader is currently offering the cargoes to Vietnam market at $825/ton on the same payment and delivery term. However, the trader finds difficulties in selling at such a level as most of their customers are holding sufficient stocks, SSESSMENTS.COM was told.
Tags: Asia Pacific,China,English,Indonesia,NEA,News,PP,SEA
Published on March 24, 2020 11:12 AM (GMT+8)Last Updated on April 29, 2020 11:29 AM (GMT+8)
