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Local PE offers continue to decrease, PP slight firms up in Indonesia

by ChemOrbis Editorial Team -
  • 12/06/2017 (10:25)
A trader in Indonesia reported that a local producer implemented further decreases on its PE offers but increased its PP offers when compared to the last price levels.

When compared to last week, the producer cut its LLDPE c4 film by IDR260,000/ton ($19/ton), LLDPE Inj. by IDR270,000/ton ($20/ton), HDPE film and pipe grades by IDR140,000/ton ($10/ton). Meanwhile, the producer elected to raise their PP offers by IDR140,000/ton ($10/ton) for all grades except for PP injection, which is up by IDR130,000/ton ($9/ton) while PPBC Inj. remains stable.

The producer’s new PP prices are standing at IDR15,360,000/ton ($1150/ton) for homo-PP raffia, at IDR15,690,000/ton ($1174/ton) for homo-PP injection, at IDR15,980,000/ton ($1196/ton) for homo-PP film, at IDR15,920,000/ton ($1192/ton) for BOPP, at IDR16,180,000/ton ($1211/ton) for PPBC injection and at IDR18,050,000/ton ($1351/ton) for PPRC injection, all on FD Indonesia, cash basis.

For PE, the producer’s offers are currently reported at IDR15,580,000/ton ($1166/ton) for LLDPE c4 film, at IDR17,580,000/ton ($1316/ton) for LLDPE c4 injection, at IDR15,370,000/ton ($1150/ton) for HDPE film and at IDR16,240,000/ton ($1215/ton) for HDPE pipe, all on FD Indonesia, cash basis.
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