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Indonesian producer cuts PP, keeps PE prices unchanged

by ChemOrbis Editorial Team -
  • 22/08/2016 (11:53)
A converter reported that an Indonesian producer lowered their list prices for PP as of today compared to their most recent levels while keeping their prices for LLDPE film, LLDPE injection, HDPE film and HDPE pipe unchanged.

The producer decreased their prices by IDR260,000/ton ($19/ton) for PP film, by IDR270,000/ton ($20/ton) PP raffia and injection, by IDR130,000/ton ($9/ton) for BOPP and by IDR140,000/ton ($10/ton) for PP coating compared with their most recent list prices revealed on 15th of August.

The producer’s PP prices currently stand at IDR15,710,000/ton ($1188/ton) for raffia and injection IDR16,310,000/ton ($1233/ton) for PP film, IDR15,770,000/ton ($1192/ton) for BOPP and at IDR16,000,000/ton ($1209/ton) for coating, all on an FD Jabodetabek, Indonesia, cash basis.

For PE, the producer’s prices remained stable at IDR16,690,000/ton ($1261/ton) for LLDPE c4 film, IDR18,370,000/ton ($1388/ton) for LLDPE injection, IDR15,740,000/ton ($1189/ton) for HDPE film and at IDR16,730,000/ton ($1264/ton) for HDPE pipe (PE100) with the same terms.
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