Indonesian producer lifts local PP prices, keeps PE stable
by ChemOrbis Editorial Team - content@chemorbis.com
A trader in Indonesia reported that a local producer started this week with PP increases while keeping their PE offers unchanged from their most recent levels.
The producer raised their prices for PP grades by IDR390,000-400,000/ton ($30-31/ton). Following this adjustment, the producer’s offers currently stand at IDR16,780,000/ton ($1274/ton) for raffia and injection, at IDR17,350,000/ton ($1317/ton) for coating, at IDR16,970,000-17,640,000/ton ($1289-1340/ton) for film and at IDR17,230,000/ton ($1308/ton) for BOPP, all on an FD Jabodetabek, Indonesia, cash basis.
The producer’s local PE prices are unchanged at IDR16,630,000/ton ($1270/ton) for LLDPE film, at IDR18,370,000/ton ($1403/ton) for LLDPE injection, at IDR16,030,000/ton ($1225/ton) for HDPE film and at IDR16,730,000/ton ($1278/ton) for HDPE pipe (PE100), all on an FD Jabodetabek, Indonesia, cash basis.
The producer raised their prices for PP grades by IDR390,000-400,000/ton ($30-31/ton). Following this adjustment, the producer’s offers currently stand at IDR16,780,000/ton ($1274/ton) for raffia and injection, at IDR17,350,000/ton ($1317/ton) for coating, at IDR16,970,000-17,640,000/ton ($1289-1340/ton) for film and at IDR17,230,000/ton ($1308/ton) for BOPP, all on an FD Jabodetabek, Indonesia, cash basis.
The producer’s local PE prices are unchanged at IDR16,630,000/ton ($1270/ton) for LLDPE film, at IDR18,370,000/ton ($1403/ton) for LLDPE injection, at IDR16,030,000/ton ($1225/ton) for HDPE film and at IDR16,730,000/ton ($1278/ton) for HDPE pipe (PE100), all on an FD Jabodetabek, Indonesia, cash basis.
More free plastics news
Plastic resin (PP, LDPE, LLDPE ,HDPE, PVC, GPS; HIPS, PET, ABS) prices, polymer market trends, and more...- Turkey’s PP and PE markets propelled to a firm start to H2 despite vulnerable conditions
- Asian PVC sees V-shaped recovery in Q2, what will Q3 bring?
- Will capacity additions cast cloud on ethylene upsurge in Asia?
- US PVC offers in Egypt rise steadily but resistance grows in tandem
- PE buyers’ resistance grows in SEA; duty-free origins more competitive than Mid-East
- Polymer demand cools in Turkey: Is price correction ahead for PP, PE and PVC?
- China’s rising PET trend takes a pause, but longer-term outlook remains firm
- Uptrend in China’s import PP market continues but cautious mood returns
- Hikes in Asia July PVC offers baffle some buyers, further rally under discussion
- Optimism is rising on resurgent demand in European polymer markets
