Market participants in Indonesia informed SSESSMENTS.COM on receiving the August shipment price list for PE and PP from a Malaysian producer. As compared to the previous price list for July shipment, the producer opted to apply an upward adjustment of $60/ton for HDPE grades, and $50/ton for LDPE grades. Likewise, offers for all PP grades increased between $40-70/ton as compared to the same period.
The producer’s offers on LC at sight, CIF Indonesia Main Port basis are as follows:
| Product | Offers (USD/ton) | Changes Month Over Month (USD/ton) |
|---|---|---|
| PPH Raffia | 1,020 | 40 |
| PPH Injection | 1,020 | 40 |
| PPH Thermo | 1,050 | 40 |
| PPH Film | 1,050 | 40 |
| PPH Fiber | 1,100 | 70 |
| PP Block Copo | 1,050 | 50 |
| PP Random Copo Injection | 1,120 | 40 |
| PP Random Copo Blow | 1,170 | 40 |
| PP Random Lamination | 1,120 | 40 |
| LDPE Film | 1,020 | 50 |
| LDPE Lamination | 1,100 | 50 |
| HDPE Film | 960 | 60 |
| HDPE Blow Mold | 960 | 60 |
| HDPE Mono | 960 | 60 |
