An industry source in Indonesia reports that a prominent U.S. petrochemical producer has placed a fresh offer for high-density polyethylene (HDPE) blow molding grade at USD 950 per metric ton, stirring interest among regional buyers.
The shipment is slated for September 2025 delivery on a CFR (Cost and Freight) Indonesia Main Port basis. Market participants note that the move comes amid steady downstream demand for blow-molded packaging and shifting global trade flows, prompting Indonesian converters and traders to reassess procurement strategies for the fourth quarter.
Analysts suggest that this latest offer may serve as an early indicator of pricing trends in Southeast Asia, especially as feedstock volatility and freight costs continue to influence negotiations. Buyers are expected to monitor the development closely as they finalize supply contracts for the coming months.
