Another Southeast Asian producer opens April PP, PE offers to the region

According to market sources, a major Southeast Asian producer has announced April delivery offers for PP and LDPE to regional buyers with reduction from last month. The producer price list and changes are shown in the following table:

A distributor offered on behalf of the producer commented, “Our principal supplier is more confident about the LDPE market due to tighter supply for this grade in the region at the moment. In contrast, the PP market is facing stronger pressure, yet we hope that with China market improve recently could support the sentiment in Southeast Asia.”