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Indonesian producer cuts local PE, PPBC offers

by ChemOrbis Editorial Team -
  • 26/03/2018 (10:42)
A trader in Indonesia reported that a local producer applied decreases on its local PE and PPBC offers at the start of this week from their most recent levels while keeping its offers stable for other PP grades.

When compared to last week, the producer cut its offers by IDR270,000/ton ($20/ton) for LLDPE film, by IDR280,000/ton ($21/ton) for LLDPE inj., by IDR140,000/ton ($10/ton) for HDPE film, pipe and PPBC injection while homo-PP raffia and injection, homo-PP film, BOPP and PPRC inj. offers remained unchanged.

The producer’s PE offers currently stand at IDR18,850,000/ton ($1365/ton) for LLDPE c4 film, at IDR20,740,000/ton ($1502/ton) for LLDPE c4 injection, at IDR22,710,000/ton ($1645/ton) for HDPE film and HDPE pipe, all on FD Indonesia, cash basis.

The producer’s PP offers are currently reported at IDR18,610,000/ton ($1348/ton) for homo-PP raffia and injection, at IDR19,020,000/ton ($1378/ton) for homo-PP film, at IDR18,890,000/ton ($1368/ton) for BOPP, at IDR20,400,000/ton ($1478/ton) for PPBC injection and at IDR21,500,000/ton ($1557/ton) for PPRC injection, with the same terms.
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