Malaysian producer opens March shipment PP and PE offers to Indonesia
Malaysian producer opens March shipment PP and PE offers to Indonesia
It is reported that a major Malaysian producer has announced fresh PP and PE offers to Indonesia for March shipment. The latest price list shows an unchanged level for all PP grades but PE is rather mixed.
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 |
$1160 |
- |
LD film |
$1120 |
+$20 |
||
|
PP thermo |
$1190 |
- |
LD lamination |
$1220 |
+$20 |
||
|
PP film |
$1190 |
- |
HD film |
$1140 |
-$10 |
||
|
PP fibre |
$1210 |
- |
HD blow moulding |
$1140 |
-$10 |
||
|
PP block copolymer |
$1230 |
- |
HD yarn |
$1140 |
-$10 |
||
|
PP random copolymer |
$1280 |
- |
|
|
|
||
|
All based on CIF Indonesia, LC AS term |
|||||||
The reduction in HDPE prices is understandable, sources said, considering the sharp plunge in Indonesia domestic market in recent months. Players said that the surge in ethylene costs has prevented a possible sharper reduction.