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Indonesian producer starts week with PP hikes

by ChemOrbis Editorial Team - content@chemorbis.com
  • 11/05/2015 (10:47)
A source from an Indonesian producer reported that they implemented increases on their local PP prices at the start of the week. The producer raised their PP block copolymer, PP raffia and injection prices by $10/ton while keeping their offers for other PP grades stable.

The producer’s PP prices currently stand at $1460/ton for raffia and injection, at $1510/ton for coating and BOPP, at $1500/ton for film, at $1580/ton for block copolymer injection and at $1590/ton for random copolymer injection, all on an FD Indonesia, cash basis.

The source commented, “We may consider exporting some of our stocks as local demand is not that strong at the moment.”

Meanwhile, the producer’s PE prices remain stable at $1550/ton for LLDPE film and HDPE blow moulding, at $1640/ton for LLDPE injection, at $1540/ton for HDPE film and injection and at $1510/ton for HDPE pipe, all on an FD, cash basis.
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