More Saudi producer open June shipment offers for PP, PE to Vietnam

Another Saudi Arabia producer has announced fresh PP and PE offers to Vietnam today with reduction from last month. The maker implemented $40/ton cut on PE cargoes while PP witness a drop ranging $20-40/ton.

Latest price list from the maker is shown in the following table:

Source close to the producer informed, “We are not having much homo-PP cargoes this month, and hence we plan to hold firm on our cargoes. At the moment, we are monitoring respond from the market, though we might be able to offer a small discount on deals.