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NewsSSESSMENTS: Adjustment On Localized Thai PE Offers In Indonesia

Author: SSESSMENTS

A global trading house reported to SSESSMENTS.COM regarding the adjustment on localized PE offers of Thailand origin in the Indonesia market. As noted, localized offers for HDPE Film and LLDPE Film C4 of Thailand origin have slightly increased by IDR100,000/ton ($7/ton) and IDR200,000/ton ($14/ton) respectively as compared to the offer levels just a day earlier, on July 7. The increment on localized Thai PE offers is following a Thailand producer’s decision to apply an upward adjustment citing a limited allocation for HDPE Film and LLDPE Film C4.

Localized PE offers on cash, FD Indonesia basis (excluding 10% VAT in all terms)

OriginProductTransaction TypeOffers (IDR/ton)Equivalent in USD/ton
ThailandHDPE FilmOffer Given14,000,000970
ThailandLLDPE Film C4Offer Given14,100,000977

Tags: Asia Pacific,English,Indonesia,News,PE,SEA,Thailand

Published on July 8, 2020 12:33 PM (GMT+8)
Last Updated on July 8, 2020 12:36 PM (GMT+8)