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Indonesian producer issues 3rd hike on local PP prices

by ChemOrbis Editorial Team -
  • 10/02/2015 (13:31)
A source from an Indonesian producer reported that they implemented an increase on their local PP prices for the third time this week. The source stated that they are still seeing very good demand from the local market.

The producer raised their prices by $20/ton for homo-PP film, raffia and injection, by $30/ton for PP random copolymer and by $10/ton for PP block copolymer and homo-PP coating, bringing their new offers to $1220/ton for raffia and injection, to $1320/ton for PP block copolymer, to $1340/ton for PP random copolymer, to $1270/ton for coating and to $1280/ton for homo-PP film, all on an FD Indonesia, cash basis. The producer kept their BOPP prices stable at $1260/ton with the same terms.

Meanwhile, for PE, the source stated that the producer maintained their local PE prices at $1260/ton for LLDPE film, at $1360/ton for LLDPE injection, at $1270/ton for HDPE film and blow moulding, at $1250/ton for HDPE injection and at $1300/ton for HDPE pipe (PE100), with the same terms.
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