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Indonesian producer cuts local PP prices, keeps PE stable

by ChemOrbis Editorial Team -
  • 17/04/2017 (15:08)
A trader in Indonesia reported that a local producer started this week with PP decreases while keeping its PE offers stable from its most recent levels.

According to the trader, the producer cut its PP offers by IDR140,000 ($11/ton) for raffia, by IDR130,000 ($10/ton) for homo PP injection and IDR270,000 ($20/ton) for film when compared to last week . LLDPE and HDPE film prices maintained last week’s levels.

For PP, the producer’s prices stand at IDR16,290,000/ton ($1222/ton) for raffia, at IDR16,630,000/ton ($1248/ton) for PP injection, at IDR16,780,000/ton ($1259/ton) for PP film, all on FD Indonesia, cash basis.

The producer’s PE offers currently stand at IDR16,900,000/ton ($1268/ton) for LLDPE c4 film and at IDR16,560,000/ton ($1242/ton) for HDPE film, all on FD Indonesia, cash basis.
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