Indonesian producer starts week with local PP increases
by ChemOrbis Editorial Team - content@chemorbis.com
A source from an Indonesian producer reported that they started the week with upward adjustments on their local PP prices while maintaining their local PE prices. The producer raised their local PP prices by IDR420,000/ton ($30/ton) for homo-PP injection and by IDR280,000/ton ($20/ton) for raffia, coating, film and BOPP.
According to the source, the producer’s PP prices currently stand at IDR14,490,000/ton ($1035/ton) for raffia and injection, coating and BOPP and at IDR14,910,000/ton ($1065/ton) for film, all on an FD Jabodetabek, Indonesia, cash basis.
For PE, the producer’s offers stand at IDR17,340,000/ton ($1238/ton) for LLDPE film, at IDR20,470,000/ton ($1461/ton) for LLDPE injection, at IDR17,120,000/ton ($1222/ton) for HDPE film, at IDR17,240,000/ton ($1231/ton) for HDPE blow moulding, at IDR17,380,000/ton ($1241/ton) for HDPE injection and at IDR19,530,000/ton ($1394/ton) for HDPE pipe (PE100), all on an FD Jabodetabek, Indonesia, cash basis.
According to the source, the producer’s PP prices currently stand at IDR14,490,000/ton ($1035/ton) for raffia and injection, coating and BOPP and at IDR14,910,000/ton ($1065/ton) for film, all on an FD Jabodetabek, Indonesia, cash basis.
For PE, the producer’s offers stand at IDR17,340,000/ton ($1238/ton) for LLDPE film, at IDR20,470,000/ton ($1461/ton) for LLDPE injection, at IDR17,120,000/ton ($1222/ton) for HDPE film, at IDR17,240,000/ton ($1231/ton) for HDPE blow moulding, at IDR17,380,000/ton ($1241/ton) for HDPE injection and at IDR19,530,000/ton ($1394/ton) for HDPE pipe (PE100), all on an FD Jabodetabek, Indonesia, cash basis.
More free plastics news
Plastic resin (PP, LDPE, LLDPE ,HDPE, PVC, GPS; HIPS, PET, ABS) prices, polymer market trends, and more...- COVID-19 resurgence weighs on polymer sentiment in Vietnam
- Stats: Turkey’s H1 polymer imports defy pandemic, hit all-time high
- Stats: China’s total PP, PE imports set a new record in H1 2020
- Lackluster demand outweighs tightness in Asian ABS markets
- Will costs drum up support for a 3rd-month-firming in Europe PET market?
- Import PE markets give softening signals in China, SE Asia
- PVC supplies tight, demand robust across Europe
- China’s local PP, PE markets snap nine-week rally
- Turnarounds keep PP supply tight in SE Asia
- European PP market sees step backs from initial July offers
