Indonesian producer continues lifting domestic PP and PE offersIndonesian producer continues lifting domestic PP and PE offers |
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Indonesian players reported having received a fresh price list from a major local producer with substantial increases from the previous week despite the partial lockdown in the capital city of Jakarta.
The producer’s latest price list and changes compared to last week are shown in the following table:
Material |
Price List as of 14 Sept. 2020 |
USD Equivalent |
W.O.W Changes |
USD Equivalent |
Term |
Combined and reported by CommoPlast |
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LL film |
IDR 15,430,000 |
$1,029 |
+IDR 730,000 |
+$49 |
FD Jabodetabek |
mPE |
IDR 17,320,000 |
$1,155 |
-IDR 140,000 |
-$9 |
FD Jabodetabek |
LL inj |
IDR 16,710,000 |
$1,115 |
+IDR 750,000 |
+$50 |
FD Jabodetabek |
HD film |
IDR 15,620,000 |
$1,042 |
+IDR 290,000 |
+$19 |
FD Jabodetabek |
HD yarn |
IDR 15,620,000 |
$1,042 |
+IDR 290,000 |
+$19 |
FD Jabodetabek |
HD blow |
IDR 15,640,000 |
$1,043 |
+IDR 530,000 |
+$35 |
FD Jabodetabek |
IPP (PP Film) |
IDR 16,180,000 |
$1,079 |
+IDR 440,000 |
+$29 |
FD Jabodetabek |
PPH yarn |
IDR 15,600,000 |
$1,040 |
+IDR 440,000 |
+$29 |
FD Jabodetabek |
PPH inj |
IDR 15,600,000 |
$1,040 |
+IDR 440,000 |
+$29 |
FD Jabodetabek |
BOPP |
IDR 15,880,000 |
$1,059 |
+IDR 440,000 |
+$29 |
FD Jabodetabek |
PP coating |
IDR 15,880,000 |
$1,059 |
+IDR 440,000 |
+$29 |
FD Jabodetabek |
PP thermo |
IDR 15,600,000 |
$1,040 |
+IDR 440,000 |
+$29 |
FD Jabodetabek |
PPRC |
IDR 18,070,000 |
$1,205 |
+IDR 460,000 |
+$31 |
FD Jabodetabek |
PPBC |
IDR 16,450,000 |
$1,097 |
+IDR 150,000 |
+$10 |
FD Jabodetabek |
*All prices are excluded of 10% VAT *Exchange Rate: USD 1 = IDR 14,993 |
Indonesian buyers remain cautious amid the uncertain market outlook as the pandemic worsens in the country. Sources said that the price increment is partially supported by the weakening Rupiah against the US dollar. “Yet, the sustainability of the current trend is very questionable due to the lack of support from the demand side,” a trader added.
Country
Indonesia