Market sources informed SSESSMENTS.COM that the deals for import Middle Eastern PP cargoes were concluded at lowest level in Southeast Asia market. On Friday morning, April 3, a global trading house stated that the company is offering import Middle Eastern PP Homo Raffia cargoes to Vietnam market at $750/ton. Customers were submitting bids at $20/ton lower from the initial offer level at $730/ton, but the trader is still considering whether accepting the bids or not. All offers on LC at sight, CIF Vietnam Main Port basis.
By Friday afternoon, a Vietnamese trader informed SSESSMENTS.COM on closing deals for Saudi PP Homo Raffia at $730/ton on LC at sight, CIF Vietnam Main Port basis.
Transactions for import PP Homo Raffia between March 30 to April 3 on LC at sight, CIF Vietnam Main Port basis
| Origin | Transaction Type | Offers (USD/ton) |
|---|
| China | Offer Received | 770-780 |
| China | Purchased | 770 |
| Far East Asia | Offer Given | 820-830 |
| Far East Asia | Offer Received | 830-880 |
| Middle East | Offer Given | 750 |
| Middle East | Bid Received | 730 |
| Middle East | Buy Idea | 750 |
| Middle East | Offer Received | 750-780 |
| Middle East | Sold | 730 |
| Southeast Asia | Offer Given | 885 |
| Southeast Asia | Offer Received | 825-840 |
Tags: Asia Pacific,English,News,PP,SEA,Vietnam
Published on April 3, 2020 5:44 PM (GMT+8)
Last Updated on April 3, 2020 6:03 PM (GMT+8)
