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Indonesian producer lifts local PE prices

by ChemOrbis Editorial Team -
  • 13/04/2015 (14:35)
A source from an Indonesian producer reported that they implemented increases on their local PE prices today. The producer raised their prices by $50/ton for most PE products, excluding HDPE pipe (PE100), which was increased by $40/ton.

The producer’s PE offers currently stand at $1510/ton for LLDPE film, HDPE film, HDPE injection and HDPE pipe (PE100), at $1600/ton for LLDPE injection and at $1550/ton for HDPE blow moulding, all on an FD Indonesia, cash basis.

For PP, the producer maintained their prices, except for homo-PP film, which they lifted by $10/ton. Their PP offers are now at $1570/ton for PP block copolymer injection, at $1590/ton for PP random copolymer injection, at $1510/ton for homo-PP coating and BOPP, at $1450/ton for raffia and injection and at $1500/ton for homo-PP film with the same terms.

The source commented, “Demand is not as strong as before as the weaker local currency and higher polymer prices have damaged buying interest. However, we are still receiving inquiries from converters operating in the flexible packaging sector.”
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