Major Thai maker lifted PP, HDPE prices to Indonesia

According to market sources, a major Thailand producer has announced new offers for PP and HDPE to Indonesia this week with additional hike from the last offer. The producer’s latest price list is shown in the following table:

Buyer received the new offers attributed the continuous price increment to tight supply with one source added, “However, demand has slowed down significantly, and we think buyers might start to show stronger resistance in the near term.”

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