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Indonesian producer reduces domestic PP, PE prices

by ChemOrbis Editorial Team - content@chemorbis.com
  • 19/01/2015 (14:17)
A source from an Indonesian producer reported that they revised their domestic prices for PP and PE prices downward at the start of the week. The source stated, “We are following the global trends while we hope that the recent upward movement in spot propylene prices may help stabilize the market.”

For PP, the producer cut their prices by $70/ton for homo-PP injection and raffia, by $40/ton for homo-PP film, BOPP and coating, by $30/ton for PP random copolymer and by $90/ton for PP block copolymer, bringing their new prices to $1340/ton for PP block copolymer and PP random copolymer, to $1170/ton for homo-PP injection and raffia, to $1220/ton for BOPP and coating, and to $1210/ton for homo-PP film, all on an FD Indonesia, cash basis.

Meanwhile, the producer lowered their PE prices by $10/ton for LLDPE and HDPE, and by $30/ton HDPE pipe (100), bringing their new prices to $1250/ton for LLDPE film and HDPE injection, to $1270/ton for HDPE film and blow moulding, to $1350/ton for LLDPE film and to $1290/ton for HDPE pipe (100), all on an FD Indonesia, cash basis.
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