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Indonesian producer reduces domestic PE prices

by ChemOrbis Editorial Team - content@chemorbis.com
  • 01/12/2014 (18:32)
According to a distributor, an Indonesian producer reduced their domestic prices for LLDPE and HDPE by $30/ton at the start of the week, bringing the producer’s new prices to $1580/ton FD Indonesia, cash for LLDPE film as well as HDPE film, blow moulding and injection.
“Local demand is weak and prices in the distribution market have already fallen below the producer’s new list prices. There is not much interest in import cargoes now as most buyers prefer to source prompt cargoes given the current state of the market,” the distributor commented.

Prices for locally-held material are currently begin quoted at $1550/ton for LDPE film, $1560-1580/ton for LLDPE film and at $1580/ton for HDPE film and blow moulding, all on an FD Indonesia, cash equivalent basis.
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