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Indonesian producer applies further drops on local PP,PE prices

by ChemOrbis Editorial Team - content@chemorbis.com
  • 08/05/2017 (10:46)
A trader in Indonesia reported that a local producer started this week with drops on its PP and PE offers to the local market from its most recent levels, except for homo-PP film. This has been the third week in a row that the producer adjusts some of its local prices down.

When compared to last week, the producer cut its prices for all PE grades by IDR130,000/ton ($10/ton) while PP offers were down by IDR140,000/ton ($11/ton) for homo-PP raffia and by IDR130,000/ton ($10/ton) for homo-PP injection and BOPP.

The producer’s new PE offers are currently reported at IDR16,110,000/ton ($1203/ton) for LLDPE c4 film, at IDR18,120,000/ton ($1353/ton) for LLDPE c4 injection, at IDR15,910,000/ton ($1188/ton) for HDPE film and at IDR16,780,000/ton ($1253/ton) for HDPE pipe, all on FD Indonesia, cash basis.

For PP, the producer’s new prices stand at IDR15,890,000/ton ($1186/ton) for raffia, at IDR16,230,000/ton ($1211/ton) for homo PP injection, at IDR16,650,000/ton ($1243/ton) for PP film, at IDR16,590,000/ton ($1238/ton) for BOPP, all on FD Indonesia, cash basis.
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