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Indonesian producer cuts local PP, PE prices

by ChemOrbis Editorial Team -
  • 27/07/2015 (10:43)
A source from an Indonesian producer reported that they implemented decreases on their local PP and PE prices at the beginning of this week.

The producer lowered their PP offers by IDR379,000/ton ($28/ton) for raffia and injection, by IDR241,000/ton ($18/ton) for BOPP, by IDR240,000/ton ($18/ton) for coating and by IDR239,000-376,000/ton ($18-27/ton) for film when compared to last week. Their PP prices currently stand at IDR17,711,000/ton ($1310/ton) for raffia and injection, at IDR18,117,000/ton ($1340/ton) for BOPP, IDR18,252,000/ton ($1350/ton) for coating and at IDR17,982,000-18,387,000/ton ($1330-1360/ton) for film, all on an FD Indonesia, cash basis.

For PE, the producer cut their LLDPE film, HDPE film and HDPE injection prices by IDR364,000/ton ($27/ton), their LLDPE injection prices by IDR221,000/ton ($16/ton) and their HDPE pipe (PE100) prices by IDR226,000/ton ($17/ton). Meanwhile, the producer implemented an increase of IDR179,000/ton ($13/ton) on their HDPE blow moulding prices. The producer’s prices are at IDR19,334,000/ton ($1430/ton) for LLDPE film, HDPE film and HDPE injection, at IDR20,415,000/ton ($1510/ton) for LLDPE injection, at IDR20,145,000/ton ($1490/ton) for HDPE blow moulding and at IDR19,874,000/ton ($1470/ton) for HDPE pipe (PE 100) with the same terms.
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