Tuesday, April 06, 2010

PP homopolymer offers from Middle East to India slashed

PP homopolymer offers for Middle East to India were reduced this week in line with softening prices in other key Asian markets according to distributors, as quoted in Chemorbis. A distributor reportedd receiving offers from major Middle Eastern global producer this week at US$1300-1310/ton for homo-PP injection and raffia and at US$1320-1330/ton for PP film, CIF India, cash basis, subject to 5% customs duty.

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