SE Asian producers announce Mar PP, PE offers to regional markets

Two Southeast Asian producers have announced their March polypropylene (PP) and polyethylene (PE) offers to regional markets, with noticeable increases across several key grades, reflecting firmer pricing strategies.

One producer raised homo-PP, LDPE film, and LDPE coating prices by $40/ton compared to the previous month. The PPBC injection grade recorded a $50/ton increase at the low end and a $10/ton rise at the high end, based on its previously quoted range. However, LDPE injection and PPRC injection grades were not included in the March price list.

The producer’s new offers were set at $1300/ton for LDPE film, $1160/ton for homo-PP raffia, $1360/ton for LDPE coating, and $1190/ton for PPBC injection, all on a CIF Southeast Asia, cash basis.

Another regional producer also increased its March offers, raising LDPE coating prices by $20/ton. More significant increases were seen in homo-PP film and PPRC injection grades, both of which rose by $60/ton from the previous month. The supplier included PPRC blow molding, LDPE film, and HDPE grades in its March pricing, but continued to withhold homo-PP raffia offers.

The updated prices were announced at $1010/ton for homo-PP film, $1100/ton for PPRC injection, $1150/ton for PPRC blow molding, $1120/ton for LDPE film, $1220/ton for LDPE coating, and $980/ton for HDPE film and blow molding, all on a CIF Indonesia, cash basis.

Overall, the latest announcements indicate stronger regional pricing momentum, with producers implementing notable increases across multiple PP and PE grades for March shipments.

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