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Indonesian producer issues second weekly hike on local PE prices

by ChemOrbis Editorial Team - content@chemorbis.com
  • 07/09/2017 (10:36)
According to a trader, an Indonesian producer implemented a second round of hikes on its local PE prices so far this week while keeping PP prices stable at early week levels. At the start of the week, the producer had applied increases of $10/ton for PP and $30/ton for PE.

When compared to September 4, the producer increased its PE offers further by IDR270,000/ton ($20/ton) as of today. Their offers currently stand at IDR17,320,000/ton ($1291/ton) for LLDPE c4 film, at IDR19,320,000/ton ($1440/ton) for LLDPE c4 injection, at IDR17,520,000/ton ($1306/ton) for HDPE film and at IDR18,390,000/ton ($1371/ton) for HDPE pipe, all on FD Indonesia, cash basis.

As for PP, the producer’s offers are unchanged at IDR17,230,000/ton ($1284/ton) for homo-PP raffia, at IDR17,570,000/ton ($1310/ton) for homo-PP injection, at IDR17,720,000/ton ($1321/ton) for homo-PP film, at IDR17,660,000/ton ($1316/ton) for BOPP, at IDR17,380,000/ton ($1296/ton) for PPBC injection and at IDR19,930,000/ton ($1485/ton) for PPRC injection, all on FD Indonesia, cash basis.
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