SSESSMENTS.COM noted that the leading Indonesian polyolefins producer is aggressively selling PP Homo Raffia cargoes to the export market. Due to a high inventory pressure, the producer is willing to conclude deals at a considerably low level.
On April 1, a Vietnamese trader informed SSESSMENTS.COM that according to market talks, the producer sold PP Homo Raffia to the Vietnam market at $750/ton on LC at sight, FOB Indonesia basis whereas for CIF Vietnam main port basis, the offer stands at $770/ton with the same payment term, the trader told SSESSMENTS.COM.
Transactions for PP Homo Raffia from the leading Indonesian polyolefins producer in March, on LC at sight, CIF main port basis
Transactions for PP Homo Raffia from the leading Indonesian polyolefins producer in March, on LC at sight, FOB Indonesia basis
Description: * Received by Vietnamese buyers ** Received by Philippines buyersTags: Asia Pacific,English,Indonesia,News,PP,Philippines,SEA
Published on April 1, 2020 6:25 PM (GMT+8)
