Indonesian Producer Lifts Domestic PP and PE Offers Further

A major Indonesian producer has announced another increase in its domestic PP and PE offers, with PP prices rising significantly more than PE, according to traders.

PE offers increased by IDR 540,000/ton ($31/ton) for LLDPE film, LLDPE injection and HDPE film.

PP prices saw sharper increases:

Homo-PP Raffia & Injection, BOPP Film: +IDR 1,520,000/ton ($86/ton)
Homo-PP Film: +IDR 1,440,000/ton ($82/ton)
PP Block Copolymer Injection: +IDR 1,260,000/ton ($71/ton)
PP Random Copolymer Injection: +IDR 720,000/ton ($41/ton)
Latest Prices – FD Indonesia, Cash

LLDPE Film
Price: IDR 25,480,000/ton ($1,433/ton)
Change: ▲ IDR 540,000/ton

LLDPE Injection
Price: IDR 26,500,000/ton ($1,491/ton)
Change: ▲ IDR 540,000/ton

HDPE Film
Price: IDR 26,770,000/ton ($1,506/ton)
Change: ▲ IDR 540,000/ton

PP Block Copolymer Injection
Price: IDR 28,590,000/ton ($1,608/ton)
Change: ▲ IDR 1,260,000/ton

PP Random Copolymer Injection
Price: IDR 29,490,000/ton ($1,615/ton)
Change: ▲ IDR 720,000/ton

Homo-PP Raffia
Price: IDR 27,750,000/ton ($1,561/ton)
Change: ▲ IDR 1,520,000/ton

Homo-PP Injection
Price: IDR 27,390,000/ton ($1,541/ton)
Change: ▲ IDR 1,520,000/ton

Homo-PP Film
Price: IDR 30,730,000/ton ($1,729/ton)
Change: ▲ IDR 1,440,000/ton

BOPP Film
Price: IDR 27,660,000/ton ($1,556/ton)
Change: ▲ IDR 1,520,000/ton

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