Thai maker lifted PP and HDPE prices to Indonesia

A major Thailand producer has announced fresh PP and HDPE offers to Indonesia market today after nearly four weeks of absence. Latest price indicated significant hike for homo-PP and HDPE cargoes, while PP block showed only moderate gain.

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

Buying interest in Indonesia is rather stagnant at the moment with converters remain struggle to transfer higher raw material costs to end product prices. Many prefer to source hand to mouth basis, despite tightening domestic PE supply.