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Saudi major cut homo-PP offers to VietnamSaudi major cut homo-PP offers to Vietnam |
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Vietnamese players reported to have received fresh homo-PP offers from a major Saudi Arabia producer with $30/ton reduction from mid of this month, to reach $1090/ton CIF Vietnam, LC AS term. It is also informed that there is very limited quantity of yarn grade and most of the parcels available are injection.
A buyer place bid at $1060-1070/ton with the same term said, “We plan to replenish some quantity as market seems to be reaching the bottom. Many other suppliers have not given any offers for several weeks now due to lack of availability. We hope the supplier would accept out buy idea.”