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Indonesian producer lifts local PP, PE prices

by ChemOrbis Editorial Team -
  • 23/09/2015 (11:18)
A source from an Indonesian producer reported that they implemented increases on their local PP and PE prices. The producer raised their PP prices by IDR230,000/ton ($16/ton) while lifting their PE prices by IDR150,000-290,000/ton ($10-20/ton). For PE, this is the producer’s second upward adjustment so far this week, bringing their total PE increase amount to IDR300,000-440,000/ton ($20-30/ton).

According to the source, the producer’s PE offers currently stand at IDR20,850,000/ton ($1434/ton) for LLDPE film and HDPE film, at IDR22,350,000/ton ($1538/ton) for LLDPE injection, at IDR21,150,000/ton ($1455/ton) for HDPE injection and at IDR21,300,000/ton ($1465/ton) for HDPE pipe (PE100) and HDPE blow moulding, all on an FD Indonesia, cash basis.

For PP, the producer’s prices stand at IDR17,400,000/ton ($1197/ton) for raffia and injection, at IDR17,550,000-17,700,000/ton ($1207-1218/ton) for film, at IDR17,850,000/ton ($1228/ton) for coating and at IDR17,550,000/ton ($1207/ton) for BOPP, all on an FD Indonesia, cash basis.
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