Indonesian producer cuts local PPBC prices
by ChemOrbis Editorial Team - content@chemorbis.com
A trader in Jakarta reported that an Indonesian producer started this week with decreases on its PP block copolymer offers while keeping other PP and PE grades stable from its most recent levels.
According to the trader, the producer decreased its PP block copolymer injection prices by IDR270,000/ton ($20/ton) this week to IDR18,600,000/ton ($1365/ton) for PPBC injection on FD Indonesia, cash basis.
The producer’s PP offers for other grades are standing at IDR17,860,000/ton ($1311/ton) for homo-PP raffia and injection, at IDR18,260,000/ton ($1340/ton) for homo-PP film, at IDR18,200,000/ton ($1335/ton) for BOPP, and at IDR20,500,000/ton ($1504/ton) for PPRC injection, all on FD Indonesia, cash basis.
As for PE, the producer’s offers currently reported at IDR17,380,000/ton ($1275/ton) for LLDPE c4 film, at IDR19,420,000/ton ($1425/ton) for LLDPE c4 injection, at IDR17,920,000/ton ($1315/ton) for HDPE film and at IDR18,790,000/ton ($1379/ton) for HDPE pipe, with the same terms.
According to the trader, the producer decreased its PP block copolymer injection prices by IDR270,000/ton ($20/ton) this week to IDR18,600,000/ton ($1365/ton) for PPBC injection on FD Indonesia, cash basis.
The producer’s PP offers for other grades are standing at IDR17,860,000/ton ($1311/ton) for homo-PP raffia and injection, at IDR18,260,000/ton ($1340/ton) for homo-PP film, at IDR18,200,000/ton ($1335/ton) for BOPP, and at IDR20,500,000/ton ($1504/ton) for PPRC injection, all on FD Indonesia, cash basis.
As for PE, the producer’s offers currently reported at IDR17,380,000/ton ($1275/ton) for LLDPE c4 film, at IDR19,420,000/ton ($1425/ton) for LLDPE c4 injection, at IDR17,920,000/ton ($1315/ton) for HDPE film and at IDR18,790,000/ton ($1379/ton) for HDPE pipe, with the same terms.
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