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Thai major rollover PP prices, lifted HDPE to Indonesia

Thai major rollover PP prices, lifted HDPE to Indonesia



A major Thailand producer has announced fresh weekly PP and HDPE offers to Indonesia this week. The makers reportedly maintain PP prices unchanged from the previous week while lifting HDPE offers by $10/ton.  

Latest offers are shown in the below table: 

Indonesian buyers are mostly preparing to go off for the holidays while buying interest for import cargoes remain mediocre. A buyer added, “We are still sourcing in local market as prices are more competitive. However, we think it is just the matter of time that domestic suppliers would increase their offers, following the international trend. We heard a major local trader is now running low on inventory.”