More discounts for Saudi's PE offers to Indonesia

A major producer from Saudi has stepped back on their PE offers to Indonesia, with $30-40/ton decrease for LLDPE and $40/ton reduction for HDPE, reaching $1180/ton and $1350/ton respectively.

A seller commented, “We believed that buying interests for our new offer level will be satisfactory as our offers are more competitive against domestic market, meanwhile current supply for both HDPE and LLDPE is tight in Indonesia.”