CommoPlast

Another major Indonesia reduced PE offers to local market

Another major Indonesia reduced PE offers to local market



Market players reported that a major producer in Indonesia has implemented IDR500000-700000/t ($38-53/t) reduction for LLDPE and IDR100000-200000/t ($8-15/t) for HDPE offers in local market compared to their previous offers by beginning of the month. The latest price levels of the producer are shown in the following table: