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Indonesian producer cuts PP, PE prices

by ChemOrbis Editorial Team -
  • 08/08/2016 (18:08)
A converter reported that an Indonesian producer lowered their list prices for PP and PE as of today compared to their most recent levels.

The producer decreased their prices for LLDPE film and LLDPE injection by IDR130,000/ton ($9/ton), by IDR240,000/ton ($18/ton) for HDPE pipe, by IDR260,000/ton ($19/ton) for HDPE film, by IDR580,000/ton ($44/ton) for PP film, by IDR660,000/ton ($50/ton) for BOPP and PP coating while also lowering its prices for PP raffia and injection by IDR790,000/ton ($60/ton) compared with their most recent list prices revealed on 1st of August.

The producer’s PP prices currently stand at IDR16,610,000/ton ($1265/ton) for raffia and injection IDR17,420,000/ton ($1327/ton) for PP film, IDR16,470,000/ton ($1254/ton) for BOPP and at IDR16,810,000/ton ($1280/ton) for coating, all on an FD Jabodetabek, Indonesia, cash basis.

For PE, the producer’s prices stand at IDR16,760,000/ton ($1277/ton) for LLDPE c4 film, IDR18,500,000/ton ($1409/ton) for LLDPE injection, IDR16,140,000/ton ($1229/ton) for HDPE film and at IDR17,120,000/ton ($1304/ton) for HDPE pipe (PE100) with the same terms.
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