Thai's PP and HDPE offers moved lower in Indonesia

Market sources reported on the first trading day of the week receiving fresh PP and HDPE offers from a major Thailand maker at reduced levels compared to last week. The latest price list is shown in the following table:

Players in the country are seeing better supply condition with the arrival of previous purchased cargoes while buyers are technically slow down in expectation of seeing further reduction in the near term. This might further pressurize the sentiment amid sluggish condition in the nearby markets within the region.