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Major Saudi Arabia producer rollover their homo-PP offers to Vietnam this morning have reportedly sold out the quantity with only $10/ton discount from initial prices, to reach $1060/ton, CIF, LC AS term. The final price indicated $15/ton higher than last week’s conclusion level.

It is also informed that the supplier only has 200 metric ton of material this week due to an on-going plan shutdown. A buyer purchased 50 tons at the mentioned price added, “Such small quantity is allocated to both northern and southern market and we have no choice but to accept the hike. Many other buyers are unable to obtain any quantity.”