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 offers from a major Thailand producer at $40/ton higher for PP and $30/ton increased on HDPE cargoes. The producer’s latest price list is shown in the following table.
|
Product |
13 July 2016 (USD/t) |
27 June 2016 (USD/t) |
Changes |
Term |
|
Homo-PP yarn & inj |
$1220 |
$1180 |
+$40/ton |
CIF Indonesia, LC AS |
|
PP film |
$1240 |
$1200 |
+$40/ton |
CIF Indonesia, LC AS |
|
PP Block Copolymer |
$1280 |
$1240 |
+$40/ton |
CIF Indonesia, LC AS |
|
HDPE |
$1220 |
$1190 |
+$30/ton |
CIF Indonesia, LC AS |
Trading activities in the country have yet to revive fully as buyers are monitoring the market after holidays before making decision. However, suppliers are hoping to achieve the hike target with the support from limited supply.