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Indonesian producers lift PP, PE prices to the local market

by ChemOrbis Editorial Team - content@chemorbis.com
  • 06/02/2017 (12:29)
Traders in Indonesia reported that domestic producers started this week with increases for PP and PE when compared to their levels at the end of January.

A trader reported that a local producer applied increases on their prices for some PP grades while keeping their prices unchanged for all PE grades when compared to their latest offer levels.

According to the trader, the producer raised their offers by IDR140,000/ton ($11/ton) for homo-PP yarn and injection and BOPP when compared to their most recent levels, bringing their new offers to IDR17,320,000/ton ($1293/ton) for film, to IDR16,830,000/ton ($1257/ton) for yarn, to IDR17,170,000/ton ($1282/ton) for injection, and BOPP, all on an FD Jabodetabek, Indonesia, cash basis.

Meanwhile, the producer’s local PE prices are stable at IDR17,170,000/ton ($1282/ton) for LLDPE film, at IDR19,060,000/ton ($1423/ton) for LLDPE injection, at IDR16,560,000/ton ($1237/ton) for HDPE film and at IDR17,440,000/ton ($1278/ton) for HDPE pipe, all on an FD Jabodetabek, Indonesia, cash basis.

A different Indonesian trader also reported that another domestic producer raised their PE prices as of today except for LLDPE film when compared to their most recent levels.

According to the trader, the producer increased their prices by IDR300,000/ton ($23/ton) for LLDPE c4 rotational moulding, HDPE blow moulding, HDPE film and HDPE injection while keeping their prices unchanged for LLDPE film.

The producer’s new prices currently stand at IDR17,700,000/ton ($1322/ton) for LLDPE film, IDR18,000,000/ton ($1344/ton) for LLDPE rotational moulding, IDR17,500,000/ton ($1307/ton) for HDPE injection, IDR17,000,000/ton ($1269/ton) for HDPE film and at IDR17,300,000/ton ($1292/ton) for HDPE blow moulding, all on a FD Indonesia, cash basis.
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