Indonesian producer’s local PP prices down, LLDPE film up
by ChemOrbis Editorial Team - content@chemorbis.com
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.
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.
More free plastics news
Plastic resin (PP, LDPE, LLDPE ,HDPE, PVC, GPS; HIPS, PET, ABS) prices, polymer market trends, and more...- Will European PVC take a breather from 9-month downtrend in February?
- Supply limitations bolster Feb PP and PE outlook in Turkey
- China’s import PP markets climb to 6-month highs prior to Lunar New Year
- Weak activities press import PE, PP suppliers for discounts in Egypt
- Price erosion continues inside Middle Eastern polyolefins markets
- European PP, PE markets open 2023 with renewed drops
- Tight supply keeps expectations bullish in Turkey’s PVC market
- End of China’s ‘zero-COVID’ stance: Double-edged sword for Asia PVC, PP and PE markets
- Mid-Eastern sellers approach China, SE Asia and Turkey with firmer PP, PE prices for Jan
- Egypt’s local PE, PP markets head north as pound plunges to new low
