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Distributor: Indonesian producer issues further hikes on PP, PE

by ChemOrbis Editorial Team - content@chemorbis.com
  • 24/03/2016 (10:51)
A distributor reported that an Indonesian producer implemented additional increases on their domestic PP and PE prices today. According to him, the producer raised their offers by IDR270,000/ton ($21/ton) for both PP and PE when compared to their most recent levels. The producer had also lifted their local prices by IDR540,000-550,000/ton ($41-42/ton) at the start of the week.

According to the distributor, the producer’s PP prices currently stand at IDR16,400,000/ton ($1251/ton) for raffia, at IDR16,670,000/ton ($1271/ton) for injection, at IDR16,760,000-16,960,000/ton ($1278-1293/ton) for film, at IDR17,090,000/ton ($1303/ton) for coating and at IDR16,270,000/ton ($1241/ton) for BOPP, all on an FD Jabodetabek, Indonesia, cash basis.

Meanwhile, the producer’s local PE prices stand at IDR17,550,000/ton ($1338/ton) for LLDPE film, at IDR19,720,000/ton ($1504/ton) for LLDPE injection, at IDR17,000,000/ton ($1296/ton) for HDPE film and injection and at IDR18,500,000/ton ($1411/ton) for HDPE pipe (PE100), all on an FD Jabodetabek, Indonesia, cash basis.
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