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Indonesian producer reduces local PP, PE prices

by ChemOrbis Editorial Team -
  • 03/08/2015 (10:48)
A source from an Indonesian producer reported that they implemented decreases on their local PP and PE prices at the beginning of the week.

The producer cut their PP offers by IDR1,021,000/ton ($75/ton) for raffia and injection, by IDR1,087,000/ton ($80/ton) for BOPP, by IDR952,000/ton ($70/ton) for coating and by IDR1,022,000-1,418,000/ton ($75-105/ton) for film when compared to last week. Their PP prices currently stand at IDR16,690,000/ton ($1232/ton) for raffia and injection, at IDR17,030,000/ton ($1257/ton) for BOPP, IDR17,300,000/ton ($1277/ton) for coating and at IDR16,960,000/ton ($1252/ton) for film, all on an FD Indonesia, cash basis.

For PE, the producer cut their LLDPE film, HDPE film and HDPE injection prices by IDR614,000/ton ($45/ton), their LLDPE injection prices by IDR605,000/ton ($44/ton), their HDPE pipe (PE100) prices by IDR474,000/ton ($35/ton) and their HDPE blow moulding prices by IDR745,000/ton ($55/ton). The producer’s prices are at IDR18,720,000/ton ($1382/ton) for LLDPE film, HDPE film and HDPE injection, at IDR19,810,000/ton ($1462/ton) for LLDPE injection and at IDR19,400,000/ton ($1432/ton) for HDPE blow moulding and HDPE pipe (PE 100) with the same terms.
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