|
|
Local PP market in Indonesia move higher on upstream costs and supplyLocal PP market in Indonesia move higher on upstream costs and supply |
|
A major local producer in Indonesia reportedly opens fresh PP and PE offers to buyers on the first trading day of the week at the stable to firmer levels. While there are no changes on PE cargoes, all PP grades see $20/ton hike with the main support from strong upstream propylene market and tight availability, a source close to the producer said.
The producer’s latest price list and changes are shown in the following table:
