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NewsSSESSMENTS: Indonesia’s Largest Local Trading House Adjusts Local PE, PP Prices To Offset Demand

Author: SSESSMENTS


As informed to SSESSMENTS.COM, Indonesia’s largest local trading house has adjusted down PE and PP prices to offset the current state of demand. Due to the subdued demand in the country, the trader decided to adjust down offers for local LLDPE Film C4 and PP Homo Raffia as well as localized Malaysian LDPE Film cargoes by IDR200,000/ton ($14/ton). While for HDPE Film, the adjustment is slightly lower by IDR100,000/ton ($7/ton). All offers are on a weekly comparison.


Additionally, the trader reported to SSESSMENTS.COM on receiving import offers for HDPE Film from one of Thai PE producers. However, the trader is unwilling to take the cargoes as the offers at $900/ton-level are considered too high. Offers are on LC at sight, CIF Indonesia main port basis.




 





Tags: Asia Pacific,English,EN PE INDONESIA NSS,EN PP INDONESIA NSS,Indonesia,NewsSSESSMENTS,Polyethylene (PE),Polypropylene (PP),Southeast Asia Indonesia PE-PP prices,PE Prices,PP prices

Published on October 25, 2019 3:48 AM (GMT+8)
Last Updated on January 14, 2020 7:43 AM (GMT+8)