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Indonesian producer starts week with PP, PE reductions

by ChemOrbis Editorial Team -
  • 31/08/2015 (10:13)
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 IDR460,000-1,320,000/ton ($33-94/ton) for PP and by IDR290,000-720,000/ton ($21-51/ton) for PE.

According to the source, the producer’s new PP offers currently stand at IDR14,910,000/ton ($1050/ton) for raffia and injection, at IDR15,200,000-15,340,000/ton ($1070-1080/ton) for film, at IDR15,620,000/ton ($1100/ton) for coating and at IDR15,340,000/ton ($1080/ton) for BOPP, all on an FD Indonesia, cash basis.

For PE, the producer’s offers stand at IDR17,610,000/ton ($1240/ton) for LLDPE film and HDPE film, at IDR19,030,000/ton ($1340/ton) for LLDPE injection, at IDR17,900,000/ton ($1260/ton) for HDPE injection, at IDR18,040,000/ton ($1270/ton) for HDPE pipe (PE100) and HDPE blow moulding, all on an FD, cash basis.
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