Indonesian major cut local PP, PE prices despite low inventories pressure
Indonesian major cut local PP, PE prices despite low inventories pressure
A major Indonesian producer has announced fresh weekly to domestic buyers on the first trading day of the week with reduction, marking ten straight week of price cut. This however, surprised many buyers in the country as the maker claimed to have been free from any inventories pressure, from which there were some signal of firming up beaming in the previous week.
Latest price list and week on week prices changes are shown in the following table:
