CommoPlast

Local PP and PE market tracks stable to firmer trend in Indonesia amid holiday

insight 24 Apr 2023

The latest price list might set the tone for the market once players return from the long holiday on 26 April 2023.


In spite of the fact that the Indonesian market is currently off for the Eid Fitr holiday, a key domestic producer decided to announce the weekly PP and PE offers at stable to firmer levels over the weekend. The latest price list might set the tone for the market once players return from the long holiday on 26 April 2023.

The producer’s latest price list and changes compared to last week are shown in the following table: 

Material

Price List as of 22 Apr. 23

USD Equivalent

W.O.W Changes

USD Equivalent

Term

Combined and reported by CommoPlast

LL film

IDR 17,790,000

$1,192

-

-

FD Jabodetabek

mPE

IDR 19,690,000

$1,320

-

-

FD Jabodetabek

LL inj

IDR 18,390,000

$1,233

-

-

FD Jabodetabek

HD film

IDR 17,840,000

$1,196

-

-

FD Jabodetabek

HD yarn

IDR 17,840,000

$1,196

-

-

FD Jabodetabek

HD blow

IDR 18,340,000

$1,229

+IDR 150,000

+$10

FD Jabodetabek

IPP (PP Film)

IDR 17,920,000

$1,201

-

-

FD Jabodetabek

PPH yarn

IDR 17,320,000

$1,161

-

-

FD Jabodetabek

PPH inj

IDR 17,320,000

$1,161

-

-

FD Jabodetabek

PP thin wall

IDR 17,850,000

$1,196

-

-

FD Jabodetabek

BOPP

IDR 17,620,000

$1,181

-

-

FD Jabodetabek

PP coating

IDR 17,620,000

$1,181

-

-

FD Jabodetabek

PP thermo

IDR 17,620,000

$1,181

-

-

FD Jabodetabek

PPRC

IDR 19,150,000

$1,284

-

-

FD Jabodetabek

PPBC

IDR 19,150,000

$1,284

+IDR 300,000

+$20

FD Jabodetabek

*All prices are excluded of 11% VAT

*Exchange Rate: USD 1 = IDR 14,920

*Transportation Cost: West Java = IDR 60,000, Central Java & East Java = IDR 250,000