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Indonesian producer lifts local PP, PE prices

by ChemOrbis Editorial Team -
  • 18/07/2016 (16:41)
A local producer in Indonesia announced that they revised their local PP and PE prices up as of today. The producer raised their PE prices by IDR10,000/ton ($1/ton) for LLDPE film, by IDR130,000/ton ($9/ton) for LLDPE injection and by IDR210,000-220,000/ton ($15-16/ton) for HDPE film and pipe grades, respectively. As for PP, the producer applied IDR140,000/ton ($10/ton) increases on their PP film, raffia, injection and BOPP prices in the morning while also raising their PP coating prices by IDR130,000/ton ($9/ton) compared to their most recent levels. The producer applied an additional increase of IDR130,000/ton ($9/ton) on their PP film, raffia and injection prices later in the day.

The producer’s PP prices currently stand at IDR17,130,000/ton ($1305/ton) for raffia and injection IDR17,680,000/ton ($1347/ton) for PP film, IDR17,000,000/ton ($1295/ton) for BOPP and at IDR17,200,000/ton ($1311/ton) for coating, all on an FD Jabodetabek, Indonesia, cash basis.

For PE, the producer’s prices stand at IDR16,740,000/ton ($1275/ton) for LLDPE c4 film, IDR18,630,000/ton ($1420/ton) for LLDPE injection, IDR16,400,000/ton ($1250/ton) for HDPE film and at IDR17,360,000/ton ($1323/ton) for HDPE pipe (PE100) with the same terms.
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