Indonesian Producer Keeps PE Stable, Lowers PP Prices Across All Grades

A major Indonesian polymer producer has announced fresh domestic PP and PE pricing, adopting a mixed strategy for August. While polyethylene (PE) prices were rolled over across all grades, the producer reduced polypropylene (PP) offers by IDR 900,000/ton ($50/ton), partially reversing the steep increases introduced in recent pricing rounds.

The decision suggests that the producer sees sufficient support to maintain PE values, while PP demand and market conditions have prompted a downward adjustment. Despite the PP reduction, current price levels remain above those seen before the recent rally.

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

Updated Domestic Price List

LLDPE Film
Current Price: IDR 23,900,000/ton ($1,317/ton)
Change: No Change

LLDPE Injection
Current Price: IDR 25,010,000/ton ($1,378/ton)
Change: No Change

HDPE Film
Current Price: IDR 25,330,000/ton ($1,396/ton)
Change: No Change

PP Block Copolymer Injection
Current Price: IDR 28,910,000/ton ($1,593/ton)
Change: ▼ IDR 900,000/ton

PP Random Copolymer Injection
Current Price: IDR 30,360,000/ton ($1,673/ton)
Change: ▼ IDR 900,000/ton

Homo PP Raffia
Current Price: IDR 26,540,000/ton ($1,462/ton)
Change: ▼ IDR 900,000/ton

Homo PP Injection
Current Price: IDR 26,180,000/ton ($1,443/ton)
Change: ▼ IDR 900,000/ton

Homo PP Film
Current Price: IDR 27,630,000/ton ($1,522/ton)
Change: ▼ IDR 900,000/ton

BOPP Film
Current Price: IDR 26,450,000/ton ($1,457/ton)
Change: ▼ IDR 900,000/ton

The latest announcement highlights a divergence between Indonesia’s PE and PP markets. While PE values continue to hold steady, the producer has opted to ease PP prices to stimulate buying activity and align offers more closely with current market conditions.

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