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It is reported that another Indonesian producer has announced fresh weekly PE offers to domestic buyers with large reduction observed on LLDPE film cargoes, while other materials only recorded small to moderate cuts. The producer’s latest price list and changes are shown in the following table:

A trader offered on behalf of the producer said, “Despite such decreases for LLDPE film, this prices is still nearly $60/ton higher than the market levels. Our customers are not showing much interest and many are asking for larger discounts.”