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Major Thai maker cut PP, HDPE prices to IndonesiaMajor Thai maker cut PP, HDPE prices to Indonesia |
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Market sources reported that a major Thailand producer has down adjusted their PP and HDPE prices to Indonesia this week. Players attributed the reductions to persistent weak demand and buyer perceived of weaker market ahead of Ramadan season.
Detailed price list and changes are shown in the following table:
|
Product |
16 May 2016 (USD/t) |
24 May 2016 (USD/t) |
Changes |
Term |
|
Homo-PP yarn & inj |
$1190 |
$1170 |
-$20/ton |
CIF Indonesia, LC AS |
|
PP film |
$1210 |
$1210 |
- |
CIF Indonesia, LC AS |
|
PP Block Copolymer |
$1240 |
$1230 |
-$10/ton |
CIF Indonesia, LC AS |
|
HDPE |
$1230 |
$1210 |
-$20/ton |
CIF Indonesia, LC AS |