Thai's PP and HDPE rollover in Indonesia

insight 06 Dec 2016

Thai's PP and HDPE rollover in Indonesia

Indonesian players reported to have received fresh weekly PP and HDPE offers from a major Thailand producer at stable levels compared to last week. The producer’s latest price list are shown in the following table:

Material	29 Nov. 16 price list	06 Dec. 16 price list	Changes	Term
PPH yarn & inj	$1220	$1210	-	CIF Indonesia, LC AS
PP film	$1250	$1240	-	CIF Indonesia, LC AS
PP block copolymer	$1260	$1250	-	CIF Indonesia, LC AS
HDPE	$1200	$1180	-	CIF Indonesia, LC AS

However, most buyers are expecting deals at larger than usual discount as the producer have committed to $90/ton reduction on homo-PP sold in the previous week.