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NewsSSESSMENTS: Deals For PP Cargoes From Malaysian Polyolefins Producer Recorded In China Market

Author: SSESSMENTS

As stated to SSESSMENTS.COM, deals for PP cargoes from a Malaysian polyolefins producer were recorded in China market. As noted, July shipment offers from the producer for PP Homo Raffia stood at $940/ton on LC at sight, CIF China main port basis. As of June 17, the producer source informed that deals for the cargoes to China market were concluded at $20/ton lower than initial offer level. Further added by the source, the South Korean producer will announce July shipment offers by the upcoming week, and offers will most likely come out with an upward adjustment.

July shipment offers for PP Homo Raffia on LC at sight, CIF China Main Port basis

DateOriginProductTransaction TypeOffers (USD/ton)
8-Jun-2020MalaysiaPP Homo RaffiaOffer Given940
17-Jun-2020MalaysiaPP Homo RaffiaSold920

Tags: Asia Pacific,China,English,Malaysia,NEA,News,PP,SEA

Published on June 17, 2020 5:57 PM (GMT+8)
Last Updated on June 17, 2020 5:57 PM (GMT+8)