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Indonesian producer raises some local PE, PP offers

by ChemOrbis Editorial Team -
  • 04/01/2021 (08:33)
A producer in Indonesia kept its PE and PP offers to the domestic market stable except for HDPE film and PPBC injection, according to traders.

Among PE offers for the latest week, it increased HDPE film prices by IDR70,000/ton ($5/ton) to IDR17,970,000/ton ($1263/ton) while keeping LLDPE film and injection unchanged at IDR17,990,000/ton ($1265/ton) and IDR19,460,000/ton ($1368/ton) respectively on FD Indonesia, cash basis.

For PP, it lifted PPBC injection offers by IDR420,000/ton ($30/ton) to IDR22,190,000/ton ($1560/ton).

Meanwhile, the producer kept offers stable at IDR21,250,000/ton ($1494/ton) for homo-PP raffia and injection; IDR21,610,000/ton ($1519/ton) for homo-PP film; IDR21,260,000/ton ($1495/ton) for BOPP; and IDR23,860,000/ton ($1678/ton) for PPRC injection on similar terms.

It had kept its PE and PP offers flat during the two previous weeks as market activity turned quiet towards the year-end.
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