Thailand's major increased PP offers to Indonesia 

A major Thailand producer has announced new PP offers for March shipment to Indonesia with $90/t hike compared to last month, according to market players. The producer’s price list is shown in the following table:

A converter received the new offer commented, “This new offer is too high at the moment but we do not feel surprised as the supply has been tight since before Chinese New Year holidays. We have replenished sufficient material till May, hence we are not interested in making additional purchase at the moment.”

Kindly visit Daily Price section on www.commoplast.com for detailed information on import and local prices to Indonesia this week.