Indonesian maker lifted local PP, PE offers for seven consecutive weeks

A major Indonesian producer has announced fresh weekly PP and PE offers to local buyers on the first trading day of the week with additional increment, marking the seventh straight week of firming up. Despite the available of the price list, players are not seeing physical materials due to multiple production issues in the country. This, in addition to continued surging ethylene costs, could push PE higher in the coming weeks.  

The producer price list is shown in the following table: