Saudi's PP, PE offered higher in Indonesia

An international trader reported to have opened new offers for Saudi origin PP and PE cargoes to Indonesia this week with increases compared to the previous price opening.  

The trader lifted homo-PP prices by $10/ton to reach $1100/ton CIF Indonesia, LC AS term. Meanwhile, HDPE film offers leaped $20-30/ton to reach $1210/ton and LLDPE film inched $10-20/ton higher at $1230/ton with the same shipping and payment term.

The trader source commented, “We have very limited allocation as our principal supplier has yet to resolve the stubborn technical issues at the plant, and the restart date has been delayed from mid February to 25 February.”