Thai major rollover PP offers, lifted HDPE prices to Indonesia

Indonesian players reported to have received fresh weekly offers from a major Thailand producer with PP remain unchanged while HDPE prices increased $10/ton from last week.   

Latest offers are shown in the below table: 

Market respond is not very positive pointing to more competitive offers available in the local ground. A buyer commented, “Domestic market is still holding more competitive position than import material and this condition might remain in place in the near term.”