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Indonesian producer starts week with further decreases

by ChemOrbis Editorial Team -
  • 15/05/2017 (10:28)
A Jakarta-based trader reported that a local producer implemented further decreases on their PE and PP offers at the start of the week.

When compared to its latest price list, the producer applied reductions of IDR130,000/ton ($9/ton) for LLDPE c4 film, HDPE film, PP raffia and by IDR140,000/ton ($10/ton) for LLDPE c4 injection, HDPE pipe, PP injection and BOPP. The producer opted for larger decreases of IDR410,000/ton ($30/ton) on PP film.

The producer’s new PE offers are currently reported at IDR15,980,000/ton ($1198/ton) for LLDPE c4 film, at IDR17,980,000/ton ($1348/ton) for LLDPE c4 injection, at IDR15,780,000/ton ($1183/ton) for HDPE film and at IDR16,640,000/ton ($1248/ton) for HDPE pipe, all on FD Indonesia, cash basis.

For PP, the producer’s new prices stand at IDR15,760,000/ton ($1182/ton) for raffia, at IDR16,090,000/ton ($1206/ton) for homo PP injection, at IDR16,240,000/ton ($1218/ton) for PP film, at IDR16,450,000/ton ($1233/ton) for BOPP, all on FD Indonesia, cash basis.
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