CommoPlast

Major Indonesia imposed further price hike for PP in local market

Major Indonesia imposed further price hike for PP in local market



A major maker in Indonesia has adjusted its PP offers with an increase of IDR130,000-140,000/ton ($10-11/ton), maintaining other offers stable as compared to their latest offers on beginning of the month. Players attributed the price hike to limited supply availability due to the upcoming turnaround.

The latest price list from the producer are shown in the following table: