Thailand major continue lifting import PP, HDPE offers to Indonesia
Thailand major continue lifting import PP, HDPE offers to Indonesia

Indonesian buyers reported to have received fresh weekly offers from a major Thailand producer with $50/ton hike on HDPE cargoes and $20/ton on PP, marking 8 consecutive weeks of firming trend.
The producer’s price list and changes are shown in the following table:
While buying interest for homo-PP cargoes holds relatively low, many converters are expressing the need to replenish HDPE film due to lack of inventories on hand. “Domestic HDPE film market is matching towards the $1700/ton mark, and it appears to be a better choice to buy from import at the moment. Availability is very tight, however we plan to negotiate for some discounts,” a buyer commented.