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Indonesian producer reduces local PP, PE prices

by ChemOrbis Editorial Team -
  • 24/08/2015 (10:30)
A source from an Indonesian producer reported that they implemented decreases on their local PP and PE prices at the start of the week. The producer cut their local offers by IDR80,000-510,000/ton ($6-36/ton) for PP and by IDR350,000-930,000/ton ($25-66/ton) for PE. For the upper end of their PP film range, the producer issued an increase of IDR220,000/ton ($16/ton) when compared to last week.

According to the source, the producer’s new PP offers currently stand at IDR15,370,000/ton ($1093/ton) for raffia and injection, at IDR16,080,000-16,660,000/ton ($1143-1184/ton) for film, at IDR16,220,000/ton ($1153/ton) for coating and at IDR15,940,000/ton ($1133/ton) for BOPP, all on an FD Indonesia, cash basis.

For PE, the producer’s offers stand at IDR18,190,000/ton ($1293/ton) for LLDPE film, at IDR19,740,000/ton ($1403/ton) for LLDPE injection, at IDR18,190,000/ton ($1293/ton) for HDPE film and injection, at IDR18,760,000/ton ($1334/ton) for HDPE pipe (PE100) and at IDR18,330,000/ton ($1304/ton) for HDPE blow moulding, all on an FD, cash basis.
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