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Thai's homo-PP and HDPE move north in IndonesiaThai's homo-PP and HDPE move north in Indonesia |
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A major Thailand producer has announced fresh weekly offers to Indonesia today with small increment compared to earlier this month. In fact, the maker reportedly lifted homo-PP and HDPE prices by $10/ton and the latest offers are shown in the below table:
Indonesian buyers are not very excited about the hike despite tight PP film supply in local ground. A buyer informed, “There are some technical issues at the producer’s plant, however, we think the offers are too high. Domestic market is still more competitive than this new offers.”