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SEA trader lifts homo-PP prices to Indonesia

by ChemOrbis Editorial Team -
  • 01/04/2015 (17:11)
A Southeast Asian trader reported that they have implemented increases of $40-50/ton on their homo-PP offers to Indonesia this week. The trader is currently offering homo-PP raffia and injection at $1350-1360/ton on a CIF Indonesia, cash basis.

He stated, “We raised our prices to Indonesia after keeping them stable for two weeks even though we have not been seeing great demand from the country. We are also planning to lift our prices to our domestic market in line with other suppliers’ recent hikes.”

In Indonesia, overall import homo-PP raffia and injection prices are currently reported at $1320-1360/ton on a CIF Indonesia, cash equivalent basis.
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