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NewsSSESSMENTS: Indonesian Converter Voices Buy Idea For Singaporean HDPE, Malaysian LDPE Cargoes


For the week commencing January 6, an Indonesian converter voiced out their buy idea for Singaporean HDPE Blow Moulding and Malaysian LDPE Film cargoes. On a monthly comparison, the leading Malaysian polyolefins producer applied a downward adjustment of $30/ton on LDPE Film prices to Indonesia. Meanwhile, a Singaporean PE producer was settling for a price rollover from January’s level. The latest offers for HDPE Blow Moulding stand at $920/ton on LC at sight, CIF Indonesia Main Port basis, SSESSMENTS.COM was told.

"For a quantity of 300 tons, we expect to secure a deal at $890/ton, similar to the previous month’s level. However, we will attempt to bid Singaporean HDPE Blow Moulding cargoes at $880/ton. As for Malaysian LDPE Film, we placed a bid between $920-930/ton. All transactions on LC at sight, CIF Indonesia Main Port basis,” the converter added.


Tags: Asia Pacific,English,EN PE INDONESIA NSS,EN PE SEA NSS,Indonesia,Malaysia,NewsSSESSMENTS,Polyethylene (PE),Singapore,Southeast Asia Indonesia PE prices,Malaysia PE Prices,PE Prices

Published on January 9, 2020 2:24 AM (GMT+8)
Last Updated on January 14, 2020 7:43 AM (GMT+8)