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Indonesian producer’s local PP prices down, LLDPE film up

by ChemOrbis Editorial Team -
  • 20/11/2017 (11:18)
A trader in Indonesia reported that a local producer implemented additional decreases on its PP offers to the local market from their latest levels. The producer kept its PE offers stable but increased LLDPE film further.

When compared to last week, the producer decreased its PP offers by IDR130,000/ton ($10/ton) for homo-PP film, raffia and injection and PPRC injection, by IDR140,000/ton ($11/ton) for BOPP and by IDR90,000/ton ($7/ton) for PPBC injection. On the contrary, the producer increased its LLDPE film offers by IDR30,000/ton ($2/ton).

The producer’s PP offers are standing at IDR16,840,000/ton ($1238/ton) for homo-PP raffia and injection, at IDR17,240,000/ton ($1267/ton) for homo-PP film and BOPP, at IDR18,370,000/ton ($1350/ton) for PPBC injection and at IDR19,420,000/ton ($1427/ton) for PPRC injection, all on FD Indonesia, cash basis.

As for PE, the producer’s offers are currently reported at IDR17,420,000/ton ($1280/ton) for LLDPE c4 film, at IDR19,420,000/ton ($1427/ton) for LLDPE c4 injection, at IDR18,050,000/ton ($1327/ton) for HDPE film and at IDR18,920,000/ton ($1391/ton) for HDPE pipe, with the same terms.
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