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Another PE producer cuts local prices in Indonesia

Another PE producer cuts local prices in Indonesia



Indonesian buyers reported to have received fresh weekly offers from another major PE producer in the country with IDR100,000/ton ($7.5/ton) reduction. A number of buyers have expressed the intention to place lager bids for the cargoes despite several discount schemes including quantity and cash discount available, which accounted for up to IDR330,000/ton ($25/ton) deduction from initial prices.

The maker’s price list and changes are shown in the following table: