Thai producer adjust PP, HDPE offers to Indonesia

Indonesian byers reported to have received fresh weekly offers from a major Thailand producer at stable to firmer for PP cargoes while HDPE slipped $10/ton from the previous price opening.

The producer’s price list and changes are shown in the following table:

There have been couples of deals for import homo-PP from other Southeast Asian producers at $1100-1115/ton CIF Indonesia, LC AS term with a buyer added, “Therefore, we do expect some discount on deals from Thai maker. It is hard for prices to have breakthrough increment, as downstream converters have not received new orders for end products.”