Major Indonesian Producer Keeps PE Prices Unchanged, Raises PP Offers Further

A major Indonesian producer has issued a fresh domestic PP and PE price list, combining rollovers for PE grades with additional increases across PP grades following the broad hikes announced late last week.

In the latest nomination, all PE offers were maintained at previous levels. Meanwhile, PP prices were raised further, with homo-PP film increasing by IDR670,000/ton ($38/ton). Offers for PP block copolymer injection, PP random copolymer injection, homo-PP raffia, homo-PP injection, and BOPP film were each increased by IDR680,000/ton ($38/ton).

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

LLDPE Film
Current Price: IDR 24,500,000/ton ($1,366/ton)
Change: No Change

LLDPE Injection
Current Price: IDR 25,600,000/ton ($1,428/ton)
Change: No Change

HDPE Film
Current Price: IDR 25,690,000/ton ($1,433/ton)
Change: No Change

PP Block Copolymer Injection
Current Price: IDR 26,970,000/ton ($1,504/ton)
Change: ▲ IDR 680,000/ton ($38/ton)

PP Random Copolymer Injection
Current Price: IDR 28,410,000/ton ($1,584/ton)
Change: ▲ IDR 680,000/ton ($38/ton)

Homo-PP Raffia
Current Price: IDR 25,870,000/ton ($1,443/ton)
Change: ▲ IDR 680,000/ton ($38/ton)

Homo-PP Injection
Current Price: IDR 25,510,000/ton ($1,423/ton)
Change: ▲ IDR 680,000/ton ($38/ton)

Homo-PP Film
Current Price: IDR 28,930,000/ton ($1,613/ton)
Change: ▲ IDR 670,000/ton ($38/ton)

BOPP Film
Current Price: IDR 25,780,000/ton ($1,436/ton)
Change: ▲ IDR 680,000/ton ($38/ton)

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