SEA producers lift PP, PE prices to Indonesia
by ChemOrbis Editorial Team - content@chemorbis.com
Asian producers implemented increases on their PP and PE offers to Indonesia’s market as of today.
A source from a Thai producer reported that they applied increases on their PP and HDPE prices from last week’s levels. Accordingly, the producer raised their prices by $20/ton for homo-PP raffia, injection and by $10/ton for film, PP block copolymer injection and HDPE film.
The producer’s offers currently stand at $1220/ton for PP raffia and injection, at $1250/ton for PP film, at $1260/ton for PP block copolymer injection and at $1200/ton for HDPE film, all on a CIF Indonesia, cash basis.
A source from a Malaysian producer also reported applying hikes both on their PP and PE prices from their November shipment offers. The producer increased all their PP grades except PP random copolymer by $40/ton while applying hikes by $60/ton for LDPE and by $10/ton for HDPE.
The producer now offers PP raffia and injection at $1180/ton, film at $1210/ton, fibre and PP block copolymer injection at $1230/ton, PP random copolymer injection at $1290/ton, PP random copolymer blow moulding at $1340/ton, LDPE film at $1350/ton, LDPE coating at $1460/ton, HDPE film at $1200/ton and HDPE blow moulding at $1210/ton all on a CIF Indonesia, cash basis.
A source from a Thai producer reported that they applied increases on their PP and HDPE prices from last week’s levels. Accordingly, the producer raised their prices by $20/ton for homo-PP raffia, injection and by $10/ton for film, PP block copolymer injection and HDPE film.
The producer’s offers currently stand at $1220/ton for PP raffia and injection, at $1250/ton for PP film, at $1260/ton for PP block copolymer injection and at $1200/ton for HDPE film, all on a CIF Indonesia, cash basis.
A source from a Malaysian producer also reported applying hikes both on their PP and PE prices from their November shipment offers. The producer increased all their PP grades except PP random copolymer by $40/ton while applying hikes by $60/ton for LDPE and by $10/ton for HDPE.
The producer now offers PP raffia and injection at $1180/ton, film at $1210/ton, fibre and PP block copolymer injection at $1230/ton, PP random copolymer injection at $1290/ton, PP random copolymer blow moulding at $1340/ton, LDPE film at $1350/ton, LDPE coating at $1460/ton, HDPE film at $1200/ton and HDPE blow moulding at $1210/ton all on a CIF Indonesia, cash basis.
More free plastics news
Plastic resin (PP, LDPE, LLDPE ,HDPE, PVC, GPS; HIPS, PET, ABS) prices, polymer market trends, and more...- PP and PE markets set to rebound from two-year lows in Europe
- PET sellers hunt for signs of market bottom in Europe
- India’s import PP, PE markets rebound in Jan after several months of declines
- Tight supplies keep Asian PVC markets bullish
- Crude oil market sentiment turns in favour of bulls
- Will European PVC take a breather from 9-month downtrend in February?
- Supply limitations bolster Feb PP and PE outlook in Turkey
- China’s import PP markets climb to 6-month highs prior to Lunar New Year
- Weak activities press import PE, PP suppliers for discounts in Egypt
- Price erosion continues inside Middle Eastern polyolefins markets
