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Indonesian producer starts week with additional hikes on local PP, PE

by ChemOrbis Editorial Team - content@chemorbis.com
  • 11/09/2017 (12:26)
According to a trader in Jakarta, a local producer started this week with further increases on its local PP and PE offers from its most recent levels. The producer applied three upward revisions on its LLDPE prices during the past week while increasing their offers twice for other PE grades.

When compared to September 8, the producer increased its offers for all PE grades further by IDR270,000/ton ($21/ton). For PP, the producer raised its offers by IDR130,000/ton ($10/ton) for BOPP, by IDR260,000/ton ($20/ton) for PPRC, by IDR270,000/ton ($21/ton)for homo-PP raffia, injection and film and by IDR540,000/ton ($41/ton) for PPBC.

The producer’s PE offers currently stand at IDR17,990,000/ton ($1343/ton) for LLDPE c4 film, at IDR19,590,000/ton ($1462/ton) for LLDPE c4 injection, at IDR17,790,000/ton ($1328/ton) for HDPE film and at IDR18,660,000/ton ($1393/ton) for HDPE pipe, all on FD Indonesia, cash basis.

As for PP, the producer’s offers are reported at IDR17,500,000/ton ($1306/ton) for homo-PP raffia, at IDR17,840,000/ton ($1332/ton) for homo-PP injection, at IDR17,990,000/ton ($1343/ton) for homo-PP film, at IDR17,790,000/ton ($1328/ton) for BOPP, at IDR17,920,000/ton ($1338/ton) for PPBC injection and at IDR20,190,000/ton ($1507/ton) for PPRC injection, all on FD Indonesia, cash basis.
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