Further PE hikes from Indonesian producer
by ChemOrbis Editorial Team - content@chemorbis.com
A source from an Indonesian producer reported that they implemented additional increases on their local PE prices today. The producer raised their offers by IDR300,000-310,000/ton ($20-21/ton), bringing their new prices to IDR21,440,000/ton ($1456/ton) for LLDPE film and HDPE film, IDR22,960,000/ton ($1559/ton) for LLDPE injection, IDR21,740,000/ton ($1476/ton) for HDPE injection and IDR21,890,000/ton ($1486/ton) for HDPE pipe (PE100) and HDPE blow moulding, all on an FD Indonesia, cash basis.
With their most recent increases, the producer’s total hike amounts for PE reached IDR580,000-610,000/ton ($40-42/ton) so far this week.
For PP, the producer maintained their prices at IDR17,640,000/ton ($1200/ton) for raffia and injection, at IDR17,790,000-17,940,000/ton ($1211-1221/ton) for film, at IDR18,090,000/ton ($1231/ton) for coating and at IDR17,790,000/ton ($1211/ton) for BOPP, all on an FD Indonesia, cash basis.
With their most recent increases, the producer’s total hike amounts for PE reached IDR580,000-610,000/ton ($40-42/ton) so far this week.
For PP, the producer maintained their prices at IDR17,640,000/ton ($1200/ton) for raffia and injection, at IDR17,790,000-17,940,000/ton ($1211-1221/ton) for film, at IDR18,090,000/ton ($1231/ton) for coating and at IDR17,790,000/ton ($1211/ton) for BOPP, all on an FD Indonesia, cash basis.
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