Indonesian Producer Cuts PP Prices Again While PE Offers Turn Firmer
Within PE, LLDPE film increased by IDR240,000/ton ($13/ton) to IDR24,140,000/ton, while LLDPE injection rose by IDR230,000/ton ($13/ton) to IDR25,240,000/ton. HDPE film prices remained unchanged at IDR25,330,000/ton.
The PP market saw substantially larger reductions. PP random copolymer injection dropped by IDR1,170,000/ton ($66/ton), while PP block copolymer injection, homo-PP raffia, homo-PP injection, and BOPP film each decreased by IDR1,160,000/ton ($65/ton). Homo-PP film recorded a smaller reduction of IDR80,000/ton ($4/ton).
Latest Domestic Price Levels — FD Indonesia, Cash
LLDPE Film
Current Price: IDR 24,140,000/ton ($1,339/ton)
Weekly Change: ▲ IDR 240,000/ton
LLDPE Injection
Current Price: IDR 25,240,000/ton ($1,400/ton)
Weekly Change: ▲ IDR 230,000/ton
HDPE Film
Current Price: IDR 25,330,000/ton ($1,405/ton)
Weekly Change: No Change
PP Block Copolymer Injection
Current Price: IDR 25,930,000/ton ($1,438/ton)
Weekly Change: ▼ IDR 1,160,000/ton
PP Random Copolymer Injection
Current Price: IDR 27,370,000/ton ($1,518/ton)
Weekly Change: ▼ IDR 1,170,000/ton
Homo-PP Raffia
Current Price: IDR 23,560,000/ton ($1,307/ton)
Weekly Change: ▼ IDR 1,160,000/ton
Homo-PP Injection
Current Price: IDR 23,200,000/ton ($1,287/ton)
Weekly Change: ▼ IDR 1,160,000/ton
Homo-PP Film
Current Price: IDR 26,640,000/ton ($1,478/ton)
Weekly Change: ▼ IDR 80,000/ton
BOPP Film
Current Price: IDR 23,470,000/ton ($1,302/ton)
Weekly Change: ▼ IDR 1,160,000/ton
The latest announcement highlights a clear divergence between the domestic PE and PP markets, with selected PE grades receiving modest support while PP continues to face substantial downward price pressure.
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