Indonesian producer raises local PP, HDPE further
by ChemOrbis Editorial Team - content@chemorbis.com
A trader in Indonesia reported that a local producer applied additional increases on its local homo-PP, PPRC and HDPE offers from last week while keeping its LLDPE and PPBC prices stable.
When compared to December 4, the producer lifted its offers by IDR140,000/ton ($10/ton) for homo-PP grades, PPRC injection, HDPE film and pipe.
The producer’s PP offers are currently standing at IDR17,110,000/ton ($1256/ton) for homo-PP raffia and injection, at IDR17,520,000/ton ($1286/ton) for homo-PP film and BOPP, at IDR18,640,000/ton ($1368/ton) for PPBC injection and at IDR19,690,000/ton ($1456/ton) for PPRC injection, all on FD Indonesia, cash basis.
As for PE, the producer’s offers are reported at IDR17,420,000/ton ($1279/ton) for LLDPE c4 film, at IDR19,420,000/ton ($1426/ton) for LLDPE c4 injection, at IDR18,460,000/ton ($1355/ton) for HDPE film and at IDR19,330,000/ton ($1419/ton) for HDPE pipe, with the same terms.
When compared to December 4, the producer lifted its offers by IDR140,000/ton ($10/ton) for homo-PP grades, PPRC injection, HDPE film and pipe.
The producer’s PP offers are currently standing at IDR17,110,000/ton ($1256/ton) for homo-PP raffia and injection, at IDR17,520,000/ton ($1286/ton) for homo-PP film and BOPP, at IDR18,640,000/ton ($1368/ton) for PPBC injection and at IDR19,690,000/ton ($1456/ton) for PPRC injection, all on FD Indonesia, cash basis.
As for PE, the producer’s offers are reported at IDR17,420,000/ton ($1279/ton) for LLDPE c4 film, at IDR19,420,000/ton ($1426/ton) for LLDPE c4 injection, at IDR18,460,000/ton ($1355/ton) for HDPE film and at IDR19,330,000/ton ($1419/ton) for HDPE pipe, with the same terms.
More free plastics news
Plastic resin (PP, LDPE, LLDPE ,HDPE, PVC, GPS; HIPS, PET, ABS) prices, polymer market trends, and more...- PET sellers hunt for signs of market bottom in Europe
- India’s import PP, PE markets rebound in Jan after several months of declines
- Tight supplies keep Asian PVC markets bullish
- Crude oil market sentiment turns in favour of bulls
- Will European PVC take a breather from 9-month downtrend in February?
- Supply limitations bolster Feb PP and PE outlook in Turkey
- China’s import PP markets climb to 6-month highs prior to Lunar New Year
- Weak activities press import PE, PP suppliers for discounts in Egypt
- Price erosion continues inside Middle Eastern polyolefins markets
- European PP, PE markets open 2023 with renewed drops
