Polypropylene Vietnam July deliveries
Price offers of PP in Vietnam for July deliveries multidirectional Polypropylene Vietnam July deliveries
MOSCOW – Polypropylene (PP) price offers in Vietnam for July deliveries were mixed last week, ICIS reports with reference to market participants.
Some traders increased their bids for shipments in July, confident that prices had already reached the bottom. Duty-based PP prices for yarn and fiber from Saudi Arabia were at USD1060 per ton, CFR Vietnam. Polypropylene Vietnam
Other suppliers have decided to keep prices unchanged in the hope of increasing volumes.
Still others were willing to make concessions to customers who were willing to buy large volumes.
It was reported that some transactions were concluded at a price of about USD1000-1010 per tonne, CFR Vietnam for delivery in July.
According to the ICIS-MRC Price Review , the last week of June in the Russian polypropylene market was ambiguous.
On the one hand, the largest seller lowered its spot prices by 7,000 rubles. per ton for pp-homo. Polypropylene Vietnam
On the other hand, the rest of the sellers were in no hurry to adjust their prices, and in most cases took a break until next week.
The demand for polypropylene increased in June, but not as noticeably as many market participants expected. In some segments of consumption, demand for PP is lower than last year. Polypropylene Vietnam July deliveries
Author: Anna Larionova