Major Indonesian Producer Issues Stable-to-Firmer Local PP, PE Offers

A major Indonesian producer has released its latest weekly domestic price list for polypropylene (PP) and polyethylene (PE), showing a stable-to-firmer trend, according to market sources.

PE prices were largely rolled over from the previous week, reflecting balanced market conditions. In contrast, several PP grades recorded additional increases.

Homo-PP Raffia and Injection grades rose by IDR 90,000/ton (approximately $5/ton), while Homo-PP Film and BOPP Film increased by IDR 80,000/ton (around $5/ton). Meanwhile, PP Block Copolymer Injection (PPBC inj.) and PP Random Copolymer Injection (PPRC inj.) prices remained unchanged for the second consecutive week.

The producer’s latest offers, on an FD Indonesia, cash basis, are as follows:

LLDPE Film: IDR 16,750,000/ton ($993/ton), unchanged

LLDPE Injection: IDR 17,270,000/ton ($1,024/ton), unchanged

HDPE Film: IDR 17,090,000/ton ($1,013/ton), unchanged

PP Block Copolymer Injection: IDR 18,520,000/ton ($1,098/ton), unchanged

PP Random Copolymer Injection: IDR 20,910,000/ton ($1,240/ton), unchanged

Homo-PP Raffia & Injection: IDR 17,640,000/ton ($1,046/ton), up IDR 90,000

Homo-PP Film: IDR 18,660,000/ton ($1,106/ton), up IDR 80,000

BOPP Film: IDR 17,640,000/ton ($1,046/ton), up IDR 80,000

Overall, the latest announcement indicates steady sentiment in PE, while selected PP grades continue to edge higher in the domestic Indonesian market.

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