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Major Thai maker cut PP, HDPE prices to Indonesia

Major Thai maker cut PP, HDPE prices to Indonesia



A major Thailand producer reportedly reduces PP and HDPE prices to Indonesia at the beginning of the week, market sources informed. The extent of price reduction stands at $10-30/ton, which disappoints many buyers who are hoping for larger discount.

The latest price list from the producer is shown in the following table:

Product

24 May 2016 (USD/t)

30 May 2016 (USD/t)

Changes

Term

Homo-PP yarn & inj

$1170

$1150

-$20/ton

CIF Indonesia, LC AS

PP film

$1210

$1210

-

CIF Indonesia, LC AS

PP Block Copolymer

$1230

$1220

-$10/ton

CIF Indonesia, LC AS

HDPE

$1210

$1180

-$30/ton

CIF Indonesia, LC AS