Indonesian producer keeps local PP, PE prices stable

Traders in Indonesia reported that a domestic producer elected to keep its local PP and PE offers stable from last week.

The producer’s PP offers are currently standing at IDR16,840,000/ton ($1241/ton) for homo-PP raffia and injection, at IDR17,240,000/ton ($1270/ton) for homo-PP film and BOPP, at IDR18,370,000/ton ($1353/ton) for PPBC injection and at IDR19,420,000/ton ($1430/ton) for PPRC injection, all on FD Indonesia, cash basis.

As for PE, the producer’s offers are reported at IDR17,420,000/ton ($1284/ton) for LLDPE c4 film, at IDR19,420,000/ton ($1431/ton) for LLDPE c4 injection, at IDR18,050,000/ton ($1330/ton) for HDPE film and at IDR18,920,000/ton ($1394/ton) for HDPE pipe, with the same terms.