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Indonesian producer cuts local PP, PE prices

by ChemOrbis Editorial Team -
  • 22/07/2015 (10:12)
A source from an Indonesian producer reported that they implemented decreases on their local PP and PE prices as of the beginning of this week. The producer lowered their PP offers by IDR564,000/ton ($42/ton) for raffia and injection, by IDR698,000/ton ($52/ton) for BOPP, by IDR699,000/ton ($52/ton) for coating and by IDR564,000-699,000/ton ($42-52/ton) for film when compared to last week.

For PE, the producer cut their LLDPE film prices by IDR1,506,000/ton ($113/ton), LLDPE injection prices by IDR1,775,000/ton ($133/ton), HDPE film prices by IDR1,371,000/ton ($103/ton), HDPE injection prices by IDR1,364,000/ton ($102/ton), HDPE blow moulding prices by IDR1,103,000/ton ($83/ton) and HDPE pipe (PE100) prices by IDR924,000/ton ($69/ton).

Their PP prices currently stand at IDR18,090,000/ton ($1350/ton) for raffia and injection, at IDR18,358,000/ton ($1370/ton) for BOPP, IDR18,492,000/ton ($1380/ton) for coating and at IDR18,358,000-18,626,000/ton ($1370-1390/ton) for film, all on an FD Indonesia, cash basis.

For PE, the producer’s prices are at IDR19,698,000/ton ($1470/ton) for LLDPE film, HDPE film and HDPE injection, at IDR20,636,000/ton ($1540/ton) for LLDPE injection, at IDR19,966,000/ton ($1477/ton) for HDPE blow moulding and at IDR20,100,000/ton ($1500/ton) for HDPE pipe (PE 100) with the same terms.
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