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Further local PP, PE adjustments from Indonesian producer

by ChemOrbis Editorial Team - content@chemorbis.com
  • 13/01/2016 (15:30)
A source from an Indonesian producer reported that they implemented an increase of IDR150,000/ton ($11/ton) on their local PP prices today after issuing cumulative decreases of IDR920,000-1,070,000/ton ($66-77/ton) in two separate adjustments earlier this week.

For PE, the producer lowered their prices by IDR250,000/ton ($18/ton) for LLDPE film, by IDR1,140,000/ton ($82/ton) for LLDPE injection, by IDR310,000/ton ($22/ton) for HDPE film, by IDR570,000/ton ($41/ton) for HDPE injection, by IDR290,000/ton ($21/ton) for HDPE blow moulding and by IDR1,180,000/ton ($85/ton) for HDPE pipe.

According to the source, the producer’s PP prices currently stand at IDR13,860,000/ton ($994/ton) for raffia and injection, at IDR14,280,000/ton ($1024/ton) for film and at IDR14,000,000/ton ($1004/ton) for coating and BOPP, all on an FD Jabodetabek, Indonesia, cash basis.

For PE, the producer’s offers stand at IDR16,940,000/ton ($1215/ton) for LLDPE film, at IDR19,180,000/ton ($1376/ton) for LLDPE injection, at IDR16,660,000/ton ($1195/ton) for HDPE film and injection, at IDR16,800,000/ton ($1205/ton) for HDPE blow moulding and at IDR18,200,000/ton ($1305/ton) for HDPE pipe (PE100), all on an FD Jabodetabek, Indonesia, cash basis.
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