A global trading house revealed to SSESSMENTS.COM regarding adjustment on localized and import PE offers from Thailand to Indonesia market. As reported, both offers for localized and import PE cargoes of Thailand origin from the trader were adjusted down by $10/ton for HDPE Film and LLDPE Film C4, while LDPE Film dropped by $20/ton owing to sluggish demand. All price changes on the week-on-week comparison.
Localized PE offers on 30 days credit term, FD Indonesia basis and excluding 10% VAT
Import PE offers on LC at sight, CIF Indonesia Main Port basis