Buyer: Indonesian producer lifts PE prices

A buyer in Indonesia reported that a local producer applied hikes on their local PE offers as of today when compared to their levels from late November.

The producer raised their prices by IDR500,000/ton ($37/ton) for LLDPE c4 film, by IDR400,000/ton ($30/ton) for HDPE film and by IDR200,000/ton ($15/ton) for LLDPE c4 rotational moulding and HDPE injection and by IDR100,000/ton ($7/ton) for HDPE blow moulding on a FD Indonesia, cash basis.

According to the buyer, the producer’s current prices stand at IDR17,700,000/ton ($1307/ton) for LLDPE c4 film, at IDR17,600,000/ton ($1300/ton) for LLDPE c4 rotational moulding, at IDR17,100,000/ton ($1263/ton) for HDPE injection, IDR16,600,000/ton ($1226/ton) for HDPE film and at IDR16,900,000/ton ($1248/ton) for HDPE blow moulding all on a FD Indonesia, cash basis.