Indonesian producer lifted local PP prices second time week, maintains PEIndonesian producer lifted local PP prices second time week, maintains PE |
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Indonesian buyers reported having received another price adjustment from a major local producer, from which spot PP cargoes inch $10/ton higher than the previous trading day while PE hold unchanged.
The producer’s latest price list and changes compared to last week are shown in the following table:
Material |
Price List as of 23 Feb. 21 |
USD Equivalent |
W.O.W Changes |
USD Equivalent |
Term |
Combined and reported by CommoPlast |
|||||
LL film |
IDR 17,560,000 |
$1,244 |
- |
- |
FD Jabodetabek |
mPE |
IDR 19,180,000 |
$1,358 |
- |
- |
FD Jabodetabek |
LL inj |
IDR 19,020,000 |
$1,347 |
- |
- |
FD Jabodetabek |
HD film |
IDR 17,980,000 |
$1,273 |
- |
- |
FD Jabodetabek |
HD yarn |
IDR 17,700,000 |
$1,254 |
- |
- |
FD Jabodetabek |
HD blow |
IDR 18,560,000 |
$1,314 |
- |
- |
FD Jabodetabek |
IPP (PP Film) |
IDR 23,040,000 |
$1,632 |
+IDR 140,000 |
+$10 |
FD Jabodetabek |
PPH yarn |
IDR 22,240,000 |
$1,575 |
+IDR 140,000 |
+$10 |
FD Jabodetabek |
PPH inj |
IDR 22,240,000 |
$1,575 |
+IDR 140,000 |
+$10 |
FD Jabodetabek |
BOPP |
IDR 22,670,000 |
$1,606 |
+IDR 140,000 |
+$10 |
FD Jabodetabek |
PP coating |
IDR 22,670,000 |
$1,606 |
+IDR 140,000 |
+$10 |
FD Jabodetabek |
PP thermo |
IDR 22,670,000 |
$1,606 |
+IDR 140,000 |
+$10 |
FD Jabodetabek |
PPRC |
IDR 24,780,000 |
$1,755 |
+IDR 140,000 |
+$10 |
FD Jabodetabek |
PPBC |
IDR 23,630,000 |
$1,674 |
+IDR 140,000 |
+$10 |
FD Jabodetabek |
*All prices are excluded of 10% VAT *Exchange Rate: USD 1 = IDR 14,080 |
This is the second upward price adjustment from the maker this week, however, purchasing activities remain subdued as manufacturers are unable to accept the current high price levels.
Country
Indonesia