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Indonesian producer applies fresh hikes on PP, keeps PE stable

by ChemOrbis Editorial Team -
  • 09/10/2017 (11:53)
A trader in Jakarta reported that an Indonesian producer started this week with further increases for PP while keeping its prices stable for PE for the third consecutive week.

The producer slightly lifted its PP prices by IDR140,000/ton ($10/ton) for homo-PP film, by IDR150,000/ton ($11/ton) for homo-PP raffia and PP block copolymer, by IDR160,000/ton ($12/ton) for PP random copolymer, by IDR30,000/ton ($2/ton) for homo-PP injection and by IDR10,000/ton ($1/ton) for BOPP when compared to last week.

The producer’s PP offers are standing at IDR18,130,000/ton ($1338/ton) for homo-PP raffia and injection, at IDR18,260,000/ton ($1347/ton) for homo-PP film, at IDR18,200,000/ton ($1343/ton) for BOPP, at IDR19,010,000/ton ($1403/ton) for PPBC injection and at IDR20,770,000/ton ($1533/ton) for PPRC injection, all on FD Indonesia, cash basis.
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