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Indonesian producer lowers local PP, PE prices

by ChemOrbis Editorial Team -
  • 06/06/2016 (11:14)
An Indonesian producer reported that they lowered their domestic prices for PE and some grades of PP while keeping their prices for homo-PP injection and raffia unchanged from last week. The producer lowered their prices for HDPE film and HDPE pipe by IDR400-410,000/ton ($30-31/ton) while also lowering their prices for some other PP grades by amounts ranging from IDR280,000/ton ($20/ton) to IDR200,000/ton ($15/ton) on the week.

The producer reduced their LLDPE c4 film prices by IDR270,000/ton ($20/ton) and their HDPE film and HDPE pipe (PE100) prices by IDR400,000-410,000/ton ($30/ton), respectively, while keeping their homo-PP injection and raffia prices unchanged at IDR16,320,000/ton ($1222/ton). The producer lowered its prices by IDR280,000/ton ($20/ton) for homo-PP film and by IDR200,000-210,000/ton ($15/ton) for BOPP and PP coating from last week.

The producer’s prices stand at IDR16,320,000/ton ($1221/ton) for homo-PP injection and raffia, IDR17,000,000/ton ($1272/ton) for PP film, IDR16,320,000/ton ($1221/ton) for BOPP and at 16,520,000/ton ($1237/ton) for PP coating, all on an FD Jabodetabek, Indonesia, cash basis.

For PE, the producer’s prices stand at IDR16,730,000/ton ($1252/ton) for LLDPE c4 film, IDR18,770,000/ton ($1405/ton) for LLDPE injection, IDR16,190,000/ton ($1212/ton) for HDPE film and at IDR17,000,000/ton ($1272/ton) for HDPE pipe (PE100) with the same terms.
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