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Indonesian producer starts week with LLDPE increase

by ChemOrbis Editorial Team -
  • 04/05/2015 (13:46)
A source from an Indonesian producer reported that they implemented an increase on their local LLDPE prices at the start of the week. The producer raised their prices by $20/ton, bringing their new offers to $1530/ton for LLDPE film and to $1620/ton for LLDPE injection, both on an FD Indonesia, cash basis.

They kept their prices stable for the rest of the PE products at $1510/ton for HDPE film, injection and pipe, and at $1550/ton for HDPE blow moulding, on an FD, cash basis. The producer also maintained their PP prices at $1450/ton for PP raffia and injection, at $1510/ton for PP coating and BOPP, at $1510/ton for PP film, at $1570/ton for PP block copolymer injection and at $1590/ton for PP random copolymer injection with the same terms.

The source commented, “Demand is not great in the local market as buyers are hesitant to secure cargoes at higher levels. We hope that demand will improve in the near term in line with the approaching Ramadan month.”
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