A market contact in Indonesia reports that a leading Malaysian petrochemical producer has announced a fresh offer for low-density polyethylene (LDPE) film grade at USD 1,100 per metric ton, sparking interest across the regional plastics market.
The shipment is scheduled for September 2025 and will be supplied on a CFR (Cost and Freight) Indonesia Main Port basis. Industry participants note that this pricing emerges as Southeast Asian buyers closely track feedstock costs and freight rates, both of which remain pivotal in shaping import decisions for the fourth quarter.
Traders and converters in Indonesia are expected to weigh this offer carefully, as it could influence short-term purchasing strategies and potentially set a reference point for LDPE film imports from neighboring producers. Market analysts also point out that stable downstream demand for flexible packaging may lend further significance to this latest pricing move.
