An Indonesian trader informed SSESSMENTS.COM on revising offers for localized HDPE cargoes on the quiet market. As compared to last week, offers for localized Thai HDPE Film decreased by IDR200,000/ton ($13/ton), currently available at IDR14,240,000/ton ($960/ton) on cash, FD Indonesia basis and excluding 10% VAT. However, this current level is only for a certain volume. Once the current volume is sold out, the offers will be adjusted again. In contrast, the trader increased offers for localized Thai LDPE Film and LLDPE Film C4 by IDR250,000/ton ($16/ton) and IDR100,000/ton ($6/ton), respectively, as compared to the same period. Further added by the trader, the Indonesian market is very quiet this week.
Localized PE offers on cash, FD Indonesia basis and excluding 10% VAT
