Major Indonesian Producer Lifts PP Prices While Keeping PE Offers Unchanged

A major Indonesian producer has issued fresh domestic PP and PE price lists, with PP offers moving higher while PE prices remain unchanged. The announcement follows an across-the-board rollover at the start of the week.

The producer increased all PP offers by IDR540,000/ton ($30/ton), while maintaining its PE prices. The latest adjustment adds to the firming trend in Indonesia’s domestic polyolefin markets, which has continued for around two months amid elevated upstream costs and selective supply constraints. However, demand remains insufficient to provide strong support for the ongoing price increases.

Latest Domestic Offers

The producer’s latest prices on an FD Indonesia, cash basis are:

LLDPE Film
Current: IDR26,910,000/ton ($1,517/ton)
Previous: IDR26,910,000/ton
Change: No changes

LLDPE Injection
Current: IDR27,930,000/ton ($1,575/ton)
Previous: IDR27,930,000/ton
Change: No changes

HDPE Film
Current: IDR28,020,000/ton ($1,580/ton)
Previous: IDR28,020,000/ton
Change: No changes

PP Block Copolymer Injection
Current: IDR30,020,000/ton ($1,692/ton)
Previous: IDR29,480,000/ton
Change: +IDR540,000/ton ($30/ton)

PP Random Copolymer Injection
Current: IDR30,920,000/ton ($1,743/ton)
Previous: IDR30,380,000/ton
Change: +IDR540,000/ton ($30/ton)

Homo-PP Raffia
Current: IDR29,190,000/ton ($1,646/ton)
Previous: IDR28,650,000/ton
Change: +IDR540,000/ton ($30/ton)

Homo-PP Injection
Current: IDR28,830,000/ton ($1,625/ton)
Previous: IDR28,290,000/ton
Change: +IDR540,000/ton ($30/ton)

Homo-PP Film
Current: IDR32,160,000/ton ($1,813/ton)
Previous: IDR31,620,000/ton
Change: +IDR540,000/ton ($30/ton)

BOPP Film
Current: IDR29,100,000/ton ($1,641/ton)
Previous: IDR28,560,000/ton
Change: +IDR540,000/ton ($30/ton)

Market Impact

The latest announcement keeps PE prices stable after the producer’s earlier rollover, while PP has resumed its upward movement. The contrasting adjustments highlight continued firmness in PP despite limited demand support.

Indonesia’s domestic polyolefin market therefore remains caught between higher costs and selective supply tightness on the seller side and cautious buying on the converter side.

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