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Indonesian producer starts week with local PP, PE hikes

by ChemOrbis Editorial Team - content@chemorbis.com
  • 28/03/2016 (13:51)
A source from an Indonesian producer reported that they started the week with increases on their local PP and PE prices. The producer raised their offers by IDR270,000-280,000/ton ($20-21/ton) for both PP and PE when compared to their most recent levels.

According to the source, the producer’s PP prices currently stand at IDR16,670,000/ton ($1252/ton) for raffia, at IDR16,940,000/ton ($1272/ton) for injection, at IDR17,030,000-17,230,000/ton ($1279-1294/ton) for film, at IDR17,360,000/ton ($1304/ton) for coating and at IDR16,540,000/ton ($1242/ton) for BOPP, all on an FD Jabodetabek, Indonesia, cash basis.

Meanwhile, the producer’s local PE prices stand at IDR17,820,000/ton ($1338/ton) for LLDPE film, at IDR20,000,000/ton ($1502/ton) for LLDPE injection, at IDR17,280,000/ton ($1298/ton) for HDPE film and injection and at IDR18,770,000/ton ($1410/ton) for HDPE pipe (PE100), all on an FD Jabodetabek, Indonesia, cash basis.
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