Indonesian Producer Keeps Local PP and PE Offers Unchanged

A major Indonesian producer has maintained its domestic PP and PE prices at the same levels this week, according to traders, following mixed adjustments made in the previous week. Despite the recent increase in crude oil futures, the producer did not announce any further hikes, as demand in the domestic market remains largely subdued.

However, stronger crude oil prices could improve cost support and potentially give the producer more room to adopt a firmer pricing approach in the coming period if upstream markets continue to strengthen.

Latest Domestic PP & PE Offers

LLDPE Film
Price: IDR24,140,000/ton ($1,348/ton)
Weekly Change: Unchanged

LLDPE Injection
Price: IDR25,240,000/ton ($1,409/ton)
Weekly Change: Unchanged

HDPE Film
Price: IDR25,330,000/ton ($1,414/ton)
Weekly Change: Unchanged

PP Block Copolymer Injection
Price: IDR25,930,000/ton ($1,448/ton)
Weekly Change: Unchanged

PP Random Copolymer Injection
Price: IDR27,370,000/ton ($1,528/ton)
Weekly Change: Unchanged

Homo-PP Raffia
Price: IDR24,830,000/ton ($1,386/ton)
Weekly Change: Unchanged

Homo-PP Injection
Price: IDR24,470,000/ton ($1,366/ton)
Weekly Change: Unchanged

Homo-PP Film
Price: IDR27,900,000/ton ($1,558/ton)
Weekly Change: Unchanged

BOPP Film
Price: IDR24,740,000/ton ($1,381/ton)
Weekly Change: Unchanged

For now, the producer is holding prices steady, with weak demand limiting immediate upside. Still, continued strength in crude oil and feedstock markets may encourage firmer pricing in the weeks ahead.

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