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A major Indian producer has announced fresh weekly homo-PP offers to Vietnam with $20/ton increased from the last announcement, reaching $1120/ton CIF Vietnam, LC AS term.

Buying interest in Vietnam appears to be better as many buyers in the country believed that prices have reached the bottom. A distributor reported, “Several regular customers have contacted us to make purchases but requested for previous price levels. We need to discuss with our principal suppliers regarding this issues before deciding on deals.”