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Indonesian producer raises local PP, PE prices

by ChemOrbis Editorial Team -
  • 30/09/2015 (10:13)
A source from an Indonesian producer reported that they implemented increases on their local PP and PE prices as of today. The producer lifted their local offers by IDR240,000/ton ($16/ton) for PP and by IDR280,000-300,000/ton ($20/ton) for PE.

When compared to the first week of September, the producer’s local prices indicate increases of IDR2,450,000-2,730,000/ton ($167-186/ton) for PP and IDR3,520,000-3,620,000/ton ($240-247/ton) for PE.

According to the source, the producer’s PE offers currently stand at IDR21,130,000/ton ($1438/ton) for LLDPE film and HDPE film, at IDR22,650,000/ton ($1541/ton) for LLDPE injection, at IDR21,440,000/ton ($1459/ton) for HDPE injection and at IDR21,590,000/ton ($1469/ton) for HDPE pipe (PE100) and HDPE blow moulding, all on an FD Indonesia, cash basis.

For PP, the producer’s prices stand at IDR17,640,000/ton ($1200/ton) for raffia and injection, at IDR17,790,000-17,940,000/ton ($1211-1221/ton) for film, at IDR18,090,000/ton ($1231/ton) for coating and at IDR17,790,000/ton ($1211/ton) for BOPP, all on an FD Indonesia, cash basis.
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