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Indonesian producer adjusts local PP, PE prices

by ChemOrbis Editorial Team -
  • 27/02/2017 (11:15)
A trader reported that an Indonesian producer implemented increases on some of its PP and PE prices to the local market as of today.

When compared to last week, the producer raised its PP offers by IDR70,000/ton ($5/ton) for PP homo film and by IDR10,000/ton ($1/ton) for BOPP while a larger increase of IDR140,000/ton ($10/ton) was applied for HDPE film.

Accordingly, the producer’s PP offers currently stand at IDR17,100,000/ton ($1274/ton) for raffia, IDR17,430,000/ton ($1298/ton) for injection, at IDR17,650,000/ton ($1315/ton) for film and at IDR17,450,000/ton ($1300/ton) for BOPP, all on an FD Jabodetabek, Indonesia, cash basis.

The producer’s local PE prices are currently reported at IDR17,170,000/ton ($1279/ton) for LLDPE film, at IDR19,060,000/ton ($1420/ton) for LLDPE injection, at IDR16,830,000/ton ($1253/ton) for HDPE film and at IDR17,710,000/ton ($1319/ton) for HDPE pipe all on an FD Jabodetabek, Indonesia, cash basis.
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