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Indonesian producer lowers domestic PP, PE prices

by ChemOrbis Editorial Team -
  • 16/05/2016 (17:18)
According to a source close to the company, an Indonesian producer opened the week by implementing reductions on their domestic PP and PE prices.

The producer implemented reductions of IDR680,000/ton ($51/ton) on most grades of homo-PP while lowering their PP film prices by IDR550,000/ton ($41/ton). For PE, the producer reduced their prices by IDR480,000/ton ($36/ton) for HDPE film, by IDR750,000/ton ($56/ton) for LLDPE film and by IDR400,000/ton ($30/ton) for LLDPE injection and HDPE pipe (PE100).

The producer’s new prices stand at IDR17,140,000/ton ($1287/ton) for homo-PP injection, raffia and coating, at IDR17,410,000/ton ($1308/ton) for PP film, at IDR17,280,000/ton ($1298/ton) for BOPP, at IDR17,200,000/ton ($1292/ton) for LLDPE film, at IDR19,320,000/ton ($1447/ton) for LLDPE injection, at IDR16,660,000/ton ($1248/ton) for HDPE film and at IDR17,960,000/ton ($1344/ton) for HDPE pipe (PE100), all on FD Jabodetabek, Indonesia, cash basis.

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