Trader: Indonesian producer cuts local PE prices
According to the trader, the producer decreased its PE prices by IDR300,000/ton ($23/ton) for all grades when compared to two weeks ago.
The producer’s new PE offers are standing at IDR17,100,000/ton ($1269/ton) for LLDPE c4 film, at IDR17,400,000/ton ($1291/ton) for LLDPE c4 rotational moulding, at IDR16,200,000/ton ($1202/ton) for HDPE film and at IDR16,600,000/ton ($1232/ton) for HDPE blow moulding and at IDR16,900,000/ton ($1254/ton) for HDPE injection, all on FD Indonesia, 30 days deferred payment basis.
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