CommoPlast

Thai major rollover PP offers, lifted HDPE prices to Indonesia

Thai major rollover PP offers, lifted HDPE prices to Indonesia



Indonesian players reported to have received fresh weekly offers from a major Thailand producer with PP remain unchanged while HDPE prices increased $10/ton from last week.   

Latest offers are shown in the below table: 

Market respond is not very positive pointing to more competitive offers available in the local ground. A buyer commented, “Domestic market is still holding more competitive position than import material and this condition might remain in place in the near term.”