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Another major producer imposed price increase for PE in local IndonesiaAnother major producer imposed price increase for PE in local Indonesia |
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Another major producer in Indonesia has increased IDR400000-600000/t ($30-45/t) for their PE offers in local market today compared to their previous offers last week, players reported. The latest price levels of the producer are shown in the following table:
A converter received the new prices commented, "Normally orders would surge up when raw material price increase, however this time we see market is rather very silent. We have sufficient material till mid-May, hence we are not in rush to replenish additional cargoes for now."
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