Indonesian producer applies different pricing for local PP, PE
by ChemOrbis Editorial Team - content@chemorbis.com
A trader in Indonesia reported that a local producer applied decreases on its PP and increases on PE prices in the local market from their latest levels.
When compared to last week, the producer cut its PP offers by IDR750,000/ton ($55/ton) for homo-PP film, raffia and injection, by IDR680,000/ton ($50/ton) for BOPP and by IDR820,000/ton ($61/ton) for PPRC injection while keeping its PPBC injection offers stable.
On the contrary, the producer lifted its PE offers by IDR10,000/ton ($1/ton) for LLDPE film and by IDR130,000/ton ($10/ton) on both HDPE film and pipe grade while LLDPE injection offers remained unchanged.
The producer’s PP offers are standing at IDR16,970,000/ton ($1249/ton) for homo-PP raffia and injection, at IDR17,380,000/ton ($1280/ton) for homo-PP film and BOPP, at IDR18,460,000/ton ($1359/ton) for PPBC injection and at IDR19,550,000/ton ($1439/ton) for PPRC injection, all on FD Indonesia, cash basis.
As for PE, the producer’s offers are currently reported at IDR17,390,000/ton ($1280/ton) for LLDPE c4 film, at IDR19,420,000/ton ($1430/ton) for LLDPE c4 injection, at IDR18,050,000/ton ($1329/ton) for HDPE film and at IDR18,920,000/ton ($1393/ton) for HDPE pipe, with the same terms.
When compared to last week, the producer cut its PP offers by IDR750,000/ton ($55/ton) for homo-PP film, raffia and injection, by IDR680,000/ton ($50/ton) for BOPP and by IDR820,000/ton ($61/ton) for PPRC injection while keeping its PPBC injection offers stable.
On the contrary, the producer lifted its PE offers by IDR10,000/ton ($1/ton) for LLDPE film and by IDR130,000/ton ($10/ton) on both HDPE film and pipe grade while LLDPE injection offers remained unchanged.
The producer’s PP offers are standing at IDR16,970,000/ton ($1249/ton) for homo-PP raffia and injection, at IDR17,380,000/ton ($1280/ton) for homo-PP film and BOPP, at IDR18,460,000/ton ($1359/ton) for PPBC injection and at IDR19,550,000/ton ($1439/ton) for PPRC injection, all on FD Indonesia, cash basis.
As for PE, the producer’s offers are currently reported at IDR17,390,000/ton ($1280/ton) for LLDPE c4 film, at IDR19,420,000/ton ($1430/ton) for LLDPE c4 injection, at IDR18,050,000/ton ($1329/ton) for HDPE film and at IDR18,920,000/ton ($1393/ton) for HDPE pipe, with the same terms.
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