Indonesian producer starts week with local PP, PE decreases
The producer cut their local PP prices by IDR430,000/ton ($31/ton) for raffia and injection, by IDR500,000-530,000/ton ($36-38/ton) for film, by IDR510,000/ton ($37/ton) for coating and by IDR710,000/ton ($51/ton) for BOPP.
According to the source, the producer’s PP prices currently stand at IDR14,060,000/ton ($1018/ton) for raffia and injection, at IDR14,480,000-14,520,000/ton ($1048-1051/ton) for film, at IDR14,260,000/ton ($1032/ton) for coating and at IDR14,060,000/ton ($1018/ton) for BOPP, all on an FD Jabodetabek, Indonesia, cash basis.
For PE, the producer implemented decreases of IDR270,000-290,000/ton ($20-21/ton) for LLDPE film and LLDPE injection, by IDR150,000-160,000/ton ($11-12/ton) for HDPE film and HDPE injection, by IDR440,000/ton ($32/ton) for HDPE blow moulding and by IDR150,000/ton ($11/ton) for HDPE pipe (PE100).
The producer’s offers stand at IDR17,650,000/ton ($1278/ton) for LLDPE film, at IDR20,430,000/ton ($1479/ton) for LLDPE injection, at IDR16,970,000/ton ($1228/ton) for HDPE film, at IDR17,090,000/ton ($1237/ton) for HDPE blow moulding, at IDR17,230,000/ton ($1247/ton) for HDPE injection and at IDR19,380,000/ton ($1403/ton) for HDPE pipe (PE100), all on an FD Jabodetabek, Indonesia, cash basis.
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