Malaysian producer slashes PP, PE offers to Indonesia
Malaysian producer slashes PP, PE offers to Indonesia
HD B/M HD Film HD Yarn LD Film PPBC Inj PPRC Inj PPH Inj PPH Raf
Up to three digits reduction from last month is the latest PP, PE price list from a major Malaysian producer to Indonesia for January loading. Indonesian buyers regarded the offers as ‘genuine’ year-end clearance sales.
Latest price list and changes are shown in the following table:
|
Material |
Offered Price (USD/ton) |
Changes |
Material |
Offered Price (USD/ton) |
Changes |
||
|
PP yarn & injection |
$1150 |
-$120 |
LD film |
$1100 |
-$80 |
||
|
PP thermo |
$1180 |
-$120 |
LD lamination |
$1200 |
-$80 |
||
|
PP film |
$1180 |
-$120 |
HD film |
$1170 |
-$140 |
||
|
PP fibre |
$1200 |
-$120 |
HD blow moulding |
$1170 |
-$140 |
||
|
PP block copolymer |
$1250 |
-$120 |
HD yarn |
$1170 |
-$140 |
||
|
PP random copolymer |
$1300 |
-$110 |
|
|
|
||
|
All based on CIF Indonesia, LC AS term |
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Customers have expressed the intention to ask for additional discounts on deal and the idea is that small quantity at a time. “The energy complex continues fall and the exchange rate might fluctuate again. This is not a good sign and therefore, we plan to limit the purchased quantity,” a buyer commented.