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Additional local PP, PE hikes from Indonesian producer

by ChemOrbis Editorial Team - content@chemorbis.com
  • 17/09/2015 (09:59)
A source from an Indonesian producer reported that they issued additional increases on their local prices, lifting their offers by IDR110,000-120,000/ton ($8/ton) for PP and by IDR280,000-300,000/ton ($20/ton) for PE. With their recent increases, the producer’s total hike amount reached IDR340,000-650,000/ton ($24-45/ton) for PP and IDR990,000-1,030,000/ton ($69-71/ton) for PE so far this week.

According to the source, the producer’s PE offers currently stand at IDR20,430,000/ton ($1419/ton) for LLDPE film and HDPE film, at IDR21,910,000/ton ($1522/ton) for LLDPE injection, at IDR20,720,000/ton ($1440/ton) for HDPE injection and at IDR20,870,000/ton ($1450/ton) for HDPE pipe (PE100) and HDPE blow moulding, all on an FD Indonesia, cash basis.

For PP, the producer’s prices stand at IDR17,170,000/ton ($1193/ton) for raffia and injection, at IDR17,320,000-17,470,000/ton ($1203-1214/ton) for film, at IDR17,620,000/ton ($1224/ton) for coating and at IDR17,320,000/ton ($1203/ton) for BOPP, all on an FD Indonesia, cash basis.
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