A trader based in Hong Kong reported receiving an offer for Thai PP block copolymer at $900/ton CFR, cash. “PPBC prices have seen steep declines this week and are now trading close to par with homo-PP prices. Most buyers are meeting their needs from the domestic market rather than the import market these days owing to the strong dollar. We believe that PP prices still have room to decline given the comfortable gap between spot propylene and PP prices,” the trader stated.