Major Saudi maker announced PE prices to Indonesia

A major Saudi Arabia PE maker reportedly announced August delivery offers to Indonesia market today at $1250/ton for LLDPE film and $1150/ton for HDPE film, all based on CIF Indonesia, LC AS term.

A trader offer on behalf of the producer commented, “Due to tight availability for LLDPE film, we see better respond from buyers. However, HDPE film is facing difficulties in attracting buying interest. We believed that market would sustain the stable trend in the near term.”