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Indonesian producer adjusts local PE prices further up

by ChemOrbis Editorial Team - content@chemorbis.com
  • 18/08/2017 (10:33)
A Jakarta-based trader reported that an Indonesian producer raised its local PE prices for the second time this week. After starting the week with increases both for PP and PE, the producer implemented further increases on its local PP prices on August 15.

According to the trader, the producer increased its LLDPE film and HDPE film offers further by IDR270,000/ton ($20/ton) while LLDPE injection prices rose by IDR260,000/ton ($19/ton) when compared to their most recent levels.

The producer’s new PE offers are currently reported at IDR16,380,000/ton ($1222/ton) for LLDPE c4 film, at IDR18,380,000/ton ($1371/ton) for LLDPE c4 injection, at IDR16,580,000/ton ($1237/ton) for HDPE film and at IDR17,450,000/ton ($1302/ton) for HDPE pipe, all on FD Indonesia, cash basis.
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