Indonesian producer starts week with PP hikes
by ChemOrbis Editorial Team - content@chemorbis.com
A source from an Indonesian producer reported that they started the week with upward revisions on their local PP prices. The producer raised their PP offers by IDR270,000-340,000/ton ($21-26/ton) while maintaining their PE prices when compared to last week.
According to the source, the producer’s PP prices currently stand at IDR15,450,000/ton ($1175/ton) for raffia and BOPP, at IDR15,720,000/ton ($1195/ton) for injection, to IDR15,940,000-16,010,000/ton ($1212-1217/ton) for film and at IDR16,270,000/ton ($1237/ton) for coating, all on an FD Jabodetabek, Indonesia, cash basis.
Meanwhile, the producer’s local PE prices are at IDR16,730,000/ton ($1272/ton) for LLDPE film, at IDR18,910,000/ton ($1438/ton) for LLDPE injection, at IDR16,190,000/ton ($1231/ton) for HDPE film and injection and at IDR17,680,000/ton ($1344/ton) for HDPE pipe (PE100), all on an FD Jabodetabek, Indonesia, cash basis.
According to the source, the producer’s PP prices currently stand at IDR15,450,000/ton ($1175/ton) for raffia and BOPP, at IDR15,720,000/ton ($1195/ton) for injection, to IDR15,940,000-16,010,000/ton ($1212-1217/ton) for film and at IDR16,270,000/ton ($1237/ton) for coating, all on an FD Jabodetabek, Indonesia, cash basis.
Meanwhile, the producer’s local PE prices are at IDR16,730,000/ton ($1272/ton) for LLDPE film, at IDR18,910,000/ton ($1438/ton) for LLDPE injection, at IDR16,190,000/ton ($1231/ton) for HDPE film and injection and at IDR17,680,000/ton ($1344/ton) for HDPE pipe (PE100), all on an FD Jabodetabek, Indonesia, cash basis.
More free plastics news
Plastic resin (PP, LDPE, LLDPE ,HDPE, PVC, GPS; HIPS, PET, ABS) prices, polymer market trends, and more...- March hints at further hikes in European PP, PE markets
- India’s PVC market dips to new lows on Taiwan’s March cuts, players seek signs of bottom
- Q1 turnarounds uplift Mid-East PP, PE markets in February; will it spill over to March?
- SE Asia’s indefinite PE shutdowns: A market in crisis as demand woes threaten survival
- Türkiye’s PPH markets perform better than copolymers in February
- Margin recovery priorities outweigh supply imbalances in European PVC markets
- Asian PVC demand stagnant; recovery hopes shift to end of Q1
- Tough slog in S Korea’s petchem industry spells disappointing 2024 financial results; will government's recent plan help weather the storm?
- China’s PP, PE markets face post-holiday supply surge and tepid demand
- A tug-of-war unfolds in Türkiye as PVC demand struggles against rising costs
