CommoPlast

Major Thailand producer lifted PP and HDPE prices to Indonesia

Major Thailand producer lifted PP and HDPE prices to Indonesia



Market sources reported receiving fresh price list from a major Thailand producer at $20/ton higher for PP grades and $30/ton increased on HDPE cargoes. The producer’s latest price list is shown in the following table.

Players in the country are seeing slightly weaker trading activities as market is embracing the upcoming Ramadan holidays while road ban is officially taking place. However, buyers are more convinced that prices might continue to head north given lack of inventories pressure from the supplier’s side.