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Indonesian producer issues further hike on local PP prices

by ChemOrbis Editorial Team -
  • 05/02/2015 (13:37)
A source from an Indonesian producer reported that they issued an additional increase of $10/ton on their local PP prices due to tight supplies in the domestic market. Meanwhile, the producer kept their local PE prices stable.

The producer’s new PP offers currently stand at $1300/ton for PP block copolymer, at $1290/ton for PP random copolymer, at $1170/ton for homo-PP raffia and injection, at $1240/ton for homo-PP film and at $1250/ton for coating and BOPP, all on an FD Indonesia, cash basis.

The source commented, “PP availability is limited nowadays while supply tightness in other regional markets is also supporting domestic prices in Indonesia.”
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