Indonesian Producer Keeps PP and PE Offers Unchanged Amid Weak Demand

A major Indonesian producer has rolled over its domestic PP and PE offers across all grades, according to traders. The decision comes amid softer crude oil futures and sluggish domestic demand, which have made it increasingly difficult for sellers to maintain higher price levels.

The latest offers are on an FD Indonesia, cash basis.

PE Offers

LLDPE Film
Current: IDR27,450,000/ton ($1,542/ton)
Previous: IDR27,450,000/ton
Change: No changes

LLDPE Injection
Current: IDR28,470,000/ton ($1,599/ton)
Previous: IDR28,470,000/ton
Change: No changes

HDPE Film
Current: IDR28,560,000/ton ($1,604/ton)
Previous: IDR28,560,000/ton
Change: No changes

PP Offers

PP Block Copolymer Injection
Current: IDR30,020,000/ton ($1,686/ton)
Previous: IDR30,020,000/ton
Change: No changes

PP Random Copolymer Injection
Current: IDR30,920,000/ton ($1,737/ton)
Previous: IDR30,920,000/ton
Change: No changes

Homo-PP Raffia
Current: IDR29,190,000/ton ($1,640/ton)
Previous: IDR29,190,000/ton
Change: No changes

Homo-PP Injection
Current: IDR28,830,000/ton ($1,620/ton)
Previous: IDR28,830,000/ton
Change: No changes

Homo-PP Film
Current: IDR32,160,000/ton ($1,807/ton)
Previous: IDR32,160,000/ton
Change: No changes

BOPP Film
Current: IDR29,100,000/ton ($1,635/ton)
Previous: IDR29,100,000/ton
Change: No changes

The across-the-board rollover indicates that the producer has maintained its existing price levels despite the softer crude environment. Weak buying interest in Indonesia remains a key factor limiting further price increases.

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