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Indonesian producer lowers local PP, PE prices

by ChemOrbis Editorial Team - content@chemorbis.com
  • 29/05/2017 (09:38)
A trader in Indonesia reported that a local producer implemented decreases on its PP and PE prices to the local market from its most recent levels, except for LLDPE.

When compared to last week, the producer cut its PP offers by IDR140,000/ton ($11/ton) for homo-PP film and injection and by IDR130,000/ton ($10/ton) for homo-PP raffia and BOPP while PE offers declined by around IDR140,000/ton ($11/ton) for HDPE film and by IDR130,000/ton ($10/ton) for HDPE pipe. The producer elected to keep its LLDPE offers stable.

The producer’s new PP prices are standing at IDR15,360,000/ton ($1150/ton) for raffia, at IDR15,690,000/ton ($1174/ton) for homo PP injection, at IDR15,840,000/ton ($1185/ton) for homo-PP film, at IDR16,050,000/ton ($1201/ton) for BOPP, at IDR16,180,000/ton ($1211/ton) for PPBC injection and at IDR18,050,000/ton ($1351/ton) for PPRC injection, all on FD Indonesia, cash basis.

For PE, the producer’s offers are currently reported at IDR15,980,000/ton ($1196/ton) for LLDPE c4 film, at IDR17,980,000/ton ($1346/ton) for LLDPE c4 injection, at IDR15,640,000/ton ($1170/ton) for HDPE film and at IDR16,510,000/ton ($1236/ton) for HDPE pipe, all on FD Indonesia, cash basis.
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