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NewsSSESSMENTS: South Korean PP Producer Announced August Shipment Offers To China

Author: SSESSMENTS

A South Korean PP producer has announced August shipment offers to the China market, SSESSMENTS.COM was told. As noted, August shipment offers for all PP grades from a South Korean producer surfaced with an upward adjustment of $30/ton as compared to July shipment offers. The increment made by the producer was triggered by the firm propylene price and the uptrend in the international market. According to the producer source, some buyers commented that the offers are too high.

Import PP offers on LC at sight, CIF China Main Port basis

OriginProductTransaction TypeOffers (USD/ton)
South KoreaPP Block CopolymerOffer Given1,010
South KoreaPP Homo InjectionOffer Given980
South KoreaPP Homo RaffiaOffer Given980
South KoreaPP Random Copolymer BlowOffer Given1,070

Tags: Asia Pacific,China,English,Korea,NEA,News,PP

Published on July 13, 2020 2:16 PM (GMT+8)
Last Updated on July 13, 2020 2:16 PM (GMT+8)