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Indonesian producer lifts local PP, PE prices

by ChemOrbis Editorial Team -
  • 21/03/2016 (12:00)
A source from an Indonesian producer reported that they implemented increases on their local PP and PE prices at the start of the week. The producer raised their offers by IDR540,000-550,000/ton ($41-42/ton) for both PP and PE when compared to their most recent levels.

According to the source, the producer’s PP prices currently stand at IDR16,130,000/ton ($1230/ton) for raffia, at IDR16,400,000/ton ($1251/ton) for injection, at IDR16,490,000-16,690,000/ton ($1258-1273/ton) for film, at IDR16,810,000/ton ($1282/ton) for coating and at IDR16,000,000/ton ($1220/ton) for BOPP, all on an FD Jabodetabek, Indonesia, cash basis. Meanwhile, the producer currently offers PP block copolymer injection at IDR17,460,000/ton ($1332/ton) and PP random copolymer injection at IDR19,060,000/ton ($1454/ton) with the same terms.

Meanwhile, the producer’s local PE prices stand at IDR17,280,000/ton ($1318/ton) for LLDPE film, at IDR19,450,000/ton ($1483/ton) for LLDPE injection, at IDR16,730,000/ton ($1276/ton) for HDPE film and injection and at IDR18,230,000/ton ($1390/ton) for HDPE pipe (PE100), all on an FD Jabodetabek, Indonesia, cash basis.
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