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A South Korean PP producer has sold out May shipment allocation to China market since last week, SSESSMENTS.COM was told. As reported, deals were concluded between $40-50/ton lower than the initial offer levels. For PP Homopolymer grades and PP Random Copolymer, deals were concluded at $40/ton lower than the initial offer levels. While for PP Block Copolymer, deals closed at $840/ton on LC at sight, CIF China Main Port basis or $50/ton lower than the initial level.
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Import PP offers on LC at sight, CIF China Main Port Basis
| Origin | Product | Transaction Type | Offers (USD/ton) |
|---|---|---|---|
| South Korea | PP Block Copolymer | Sold | 840 |
| South Korea | PP Homo Injection | Sold | 810 |
| South Korea | PP Homo Raffia | Sold | 810 |
| South Korea | PP Random Copolymer | Sold | 940 |
Tags: Asia Pacific,China,English,Korea,NEA,News,PP
Published on April 29, 2020 1:49 PM (GMT+8)SHARE THIS STORY
