Indonesian producer starts week with local PP, PE increases
by ChemOrbis Editorial Team - content@chemorbis.com
A source from an Indonesian producer reported that they started the week with increases on their local PP and PE prices after issuing three consecutive upward adjustments last week. The producer implemented increases of IDR200,000-230,000/ton ($14-17/ton) on their offers at the start of the week.
According to the source, the producer’s PP offers currently stand at IDR15,840,000/ton ($1113/ton) for raffia and injection, at IDR16,130,000-16,280,000/ton ($1133-1144/ton) for film, at IDR16,560,000/ton ($1164/ton) for coating and at IDR16,280,000/ton ($1144/ton) for BOPP, all on an FD Indonesia, cash basis.
For PE, the producer’s offers stand at IDR18,720,000/ton ($1315/ton) for LLDPE film and HDPE film, at IDR20,160,000/ton ($1417/ton) for LLDPE injection, at IDR19,010,000/ton ($1336/ton) for HDPE injection and at IDR19,160,000/ton ($1346/ton) for HDPE pipe (PE100) and HDPE blow moulding, all on an FD, cash basis.
According to the source, the producer’s PP offers currently stand at IDR15,840,000/ton ($1113/ton) for raffia and injection, at IDR16,130,000-16,280,000/ton ($1133-1144/ton) for film, at IDR16,560,000/ton ($1164/ton) for coating and at IDR16,280,000/ton ($1144/ton) for BOPP, all on an FD Indonesia, cash basis.
For PE, the producer’s offers stand at IDR18,720,000/ton ($1315/ton) for LLDPE film and HDPE film, at IDR20,160,000/ton ($1417/ton) for LLDPE injection, at IDR19,010,000/ton ($1336/ton) for HDPE injection and at IDR19,160,000/ton ($1346/ton) for HDPE pipe (PE100) and HDPE blow moulding, all on an FD, cash basis.
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