Major Indonesian Producer Extends Domestic PP and PE Price Hikes
In the PE segment, LLDPE Injection recorded the largest increase of IDR1,380,000/ton ($77/ton), followed by LLDPE Film, which rose IDR1,170,000/ton ($65/ton). HDPE Film prices also increased by IDR990,000/ton ($55/ton).
PP prices also moved higher across all major grades. PP Random Copolymer (PPRC) Injection increased by IDR1,020,000/ton ($57/ton), while PP Block Copolymer (PPBC) Injection gained IDR1,010,000/ton ($56/ton). Homo PP Raffia, Homo PP Injection, Homo PP Film, and BOPP Film each recorded an increase of IDR1,000,000/ton ($56/ton).
Latest Domestic PP & PE Prices (FD Indonesia, Cash Basis)
LLDPE Film
Current Price: IDR21,540,000/ton ($1,186/ton)
Increase: ▲ IDR1,170,000/ton ($65/ton)
LLDPE Injection
Current Price: IDR22,650,000/ton ($1,248/ton)
Increase: ▲ IDR1,380,000/ton ($77/ton)
HDPE Film
Current Price: IDR22,260,000/ton ($1,226/ton)
Increase: ▲ IDR990,000/ton ($55/ton)
PP Block Copolymer (Injection)
Current Price: IDR26,530,000/ton ($1,461/ton)
Increase: ▲ IDR1,010,000/ton ($56/ton)
PP Random Copolymer (Injection)
Current Price: IDR27,990,000/ton ($1,542/ton)
Increase: ▲ IDR1,020,000/ton ($57/ton)
Homo PP Raffia
Current Price: IDR24,170,000/ton ($1,331/ton)
Increase: ▲ IDR1,000,000/ton ($56/ton)
Homo PP Injection
Current Price: IDR23,810,000/ton ($1,312/ton)
Increase: ▲ IDR1,000,000/ton ($56/ton)
Homo PP Film
Current Price: IDR25,260,000/ton ($1,391/ton)
Increase: ▲ IDR1,000,000/ton ($56/ton)
BOPP Film
Current Price: IDR24,080,000/ton ($1,326/ton)
Increase: ▲ IDR1,000,000/ton ($56/ton)
The latest price revision indicates continued confidence among suppliers as demand gradually improves. While both PP and PE prices have strengthened, tighter availability in the PP market continues to provide stronger support for further price increases.
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