Indonesian producer raises local PP, HDPE further

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.