Thai major lifted PP and HDPE prices to Indonesia

According to market sources, a major Thailand producer has opened fresh weekly PP and HDPE prices to Indonesia today with increases, ended the two weeks of stable to soft trend.

Latest offers are shown in the below table: 

This move is opposed to the price cut announcement from a major local producer in Indonesia, creating very small price gap between domestic and this price list. In the HDPE case, local offers are even lower than Thai’s offers, making it almost impossible for buyers to accept the new price list.