Bulletin Updates

Chinese PP deals: Higher eventual demand will keep prices up – 31 Aug 2021

Aug 31, 2021

Chinese PP raffia deals were done at $1,175-1,180/t on a fob basis, destined for South Asia and South America

A major Chinese supplier was offering $1,175/t FOB to India. Freight rates from China to India have surged to $200-230/t compared with $170-180/t two weeks

ago.

But higher demand is likely to keep prices up

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