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Indonesian producer lowers local PP, PE prices

by ChemOrbis Editorial Team -
  • 15/12/2014 (09:52)
A source from an Indonesian producer reported that they cut their domestic PP and PE prices at the start of the week. The source attributed their recent decrease to weaker upstream costs and sluggish demand.

For PP, the producer reduced their prices by $60/ton for raffia and injection, $100/ton for BOPP and coating, $70/ton for homo-PP film, $80/ton for PP random copolymer and $55/ton for PP block copolymer, bringing their prices to $1460/ton for homo-PP injection and raffia, to $1500/ton for homo-PP film, to $1470/ton for BOPP and coating, to $1620/ton for block copolymer injection and to $1600/ton for random copolymer injection, all on an FD Indonesia, cash basis.

For PE, the producer lowered their prices by $100/ton for all LLDPE grades and by $60/ton for all HDPE grades, bringing their new prices to $1480/ton for HDPE film and blow moulding, to $1460/ton for HDPE injection, to $1510/ton for HDPE pipe, to $1440/ton for LLDPE film and to $1530/ton LLDPE injection, all on an FD Indonesia, cash basis.
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