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Indonesian producer lifts local PP, PE prices

by ChemOrbis Editorial Team - content@chemorbis.com
  • 01/09/2015 (15:17)
A source from an Indonesian producer reported that they issued increases on their local PP and PE prices today after having reduced their prices at the start of the week. The producer made two upward revisions on their offers within the day, lifting their prices by IDR280,000-290,000/ton ($20/ton) for PP and by IDR420,000-430,000/ton ($30/ton) for PE.

When compared to the end of the last week, meanwhile, the producer’s PP offers indicate decreases of IDR170,000-1,040,000/ton ($12-74/ton) while their PE prices are down by IDR150,000-300,000/ton ($11-21/ton) except for HDPE injection and blow moulding which are up by IDR130,000/ton ($9/ton).

According to the source, the producer’s PP offers currently stand at IDR15,200,000/ton ($1070/ton) for raffia and injection, at IDR15,480,000-15,620,000/ton ($1090-1100/ton) for film, at IDR15,910,000/ton ($1120/ton) for coating and at IDR15,620,000/ton ($1100/ton) for BOPP, all on an FD Indonesia, cash basis.

For PE, the producer’s offers stand at IDR18,040,000/ton ($1270/ton) for LLDPE film and HDPE film, at IDR19,460,000/ton ($1370/ton) for LLDPE injection, at IDR18,320,000/ton ($1290/ton) for HDPE injection, at IDR18,460,000/ton ($1300/ton) for HDPE pipe (PE100) and HDPE blow moulding, all on an FD, cash basis.
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