Buyer: Indonesian producer raises PE offers

A buyer in Indonesia reported that a local producer issued hikes on their local PE offers yesterday. The producer raised their prices by IDR400,000/ton ($30/ton) for LLDPE c4 film and HDPE film and by IDR500,000/ton ($37/ton) for LLDPE c4 rotational moulding, HDPE injection and HDPE blow moulding from their latest levels.

According to the buyer, the producer’s current prices stand at IDR17,200,000/ton ($1282/ton) for LLDPE c4 film, at IDR17,400,000/ton ($1297/ton) for LLDPE c4 rotational moulding, at IDR16,900,000/ton ($1260/ton) for HDPE injection, IDR16,600,000/ton ($1237/ton) for HDPE film and at IDR16,800,000/ton ($1252/ton) for HDPE blow moulding all on a FD Indonesia, cash basis.