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Indonesian producer issues fresh hikes on PE

by ChemOrbis Editorial Team -
  • 21/08/2017 (10:14)
A trader based in Jakarta reported that an Indonesian producer started this week with further hikes on its local PE prices when compared to their latest levels. The producer elected to keep its PP prices stable at last week’s levels.

According to the trader, the producer raised its offers by IDR140,000/ton ($10/ton) for LLDPE inj. and by IDR130,000/ton ($9/ton) for LLDPE film, HDPE film and HDPE pipe.

The producer’s PE offers currently stand at IDR16,510,000/ton ($1229/ton) for LLDPE c4 film, at IDR18,520,000/ton ($1378/ton) for LLDPE c4 injection, at IDR16,710,000/ton ($1244/ton) for HDPE film and at IDR17,580,000/ton ($1306/ton) for HDPE pipe, with the same terms.

As for PP, the producer’s offers currently stand at IDR16,830,000/ton ($1253/ton) for homo-PP raffia, at IDR17,170,000/ton ($1278/ton) for homo-PP injection, at IDR17,320,000/ton ($1289/ton) for homo-PP film, at IDR17,260,000/ton ($1285/ton) for BOPP, at IDR16,980,000/ton ($1264/ton) for PPBC inj. and at IDR19,520,000/ton ($1453/ton) for PPRC inj., all on FD Indonesia, cash basis.
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