Major Indonesian Producer Keeps Most PP, PE Prices Stable; Cuts Select Grades

A leading Indonesian petrochemical producer has announced its latest weekly PP and PE prices for the domestic market. While most grades were rolled over from the previous week, the producer reduced prices for four specific grades amid softer market conditions.

The largest reduction was seen in LLDPE Injection, followed by HDPE Film and LLDPE Film. Meanwhile, key PP grades such as Homo-PP Raffia, Homo-PP Film, and BOPP Film remained unchanged.

Revised Grades

📉 LLDPE Film — IDR 24,330,000/ton ($1350/ton)
⬇ Down by IDR 1,360,000/ton

📉 LLDPE Injection — IDR 25,410,000/ton ($1410/ton)
⬇ Down by IDR 2,240,000/ton

📉 HDPE Film — IDR 24,870,000/ton ($1380/ton)
⬇ Down by IDR 1,890,000/ton

📉 PP Random Copolymer Injection — IDR 27,570,000/ton ($1530/ton)
⬇ Down by IDR 980,000/ton

Unchanged Grades

➡ Homo-PP Raffia & Injection — IDR 23,550,000/ton ($1307/ton)

➡ Homo-PP Film — IDR 25,330,000/ton ($1406/ton)

➡ BOPP Film — IDR 24,000,000/ton ($1332/ton)

➡ PP Block Copolymer Injection — IDR 25,870,000/ton ($1436/ton)

All prices are on an FD Indonesia, cash basis.

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