Monday, March 29, 2010

Domestic PE prices down revised in Indonesia

In Indonesia, domestic PE prices have moved south for the third consecutive week, bringing local offers down to levels last seen at the beginning of 2010, as per Chemorbis. Domestic producers reportedd reducing their prices by $50/ton for both LLDPE film and HDPE film while also cutting their offers for other HDPE grades by US$40-50/ton, citing softening prices in the import market along with sluggish demand.

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