Local PP, PE market in Indonesia holds steady amid thin transactions
Local PP, PE market in Indonesia holds steady amid thin transactions
Indonesian buyers on the first trading day of the week reportedly received a fresh price list from a key local maker at largely unchanged levels compared to the previous week, regardless of the strengthening Indonesian Rupiah against the US dollar.
The producer’s latest price list and changes compared to last week are shown in the following table:
|
Material |
Price List as of 30 Aug. 21 |
USD Equivalent |
W.O.W Changes |
USD Equivalent |
Term |
|
Combined and reported by CommoPlast |
|||||
|
LL film |
IDR 18,910,000 |
$1,322 |
- |
- |
FD Jabodetabek |
|
mPE |
IDR 19,920,000 |
$1,392 |
- |
- |
FD Jabodetabek |
|
LL inj |
IDR 19,930,000 |
$1,393 |
- |
- |
FD Jabodetabek |
|
HD film |
IDR 17,750,000 |
$1,241 |
- |
- |
FD Jabodetabek |
|
HD yarn |
IDR 17,750,000 |
$1,241 |
- |
- |
FD Jabodetabek |
|
HD blow |
IDR 17,950,000 |
$1,255 |
+IDR 60,000 |
+$4 |
FD Jabodetabek |
|
IPP (PP Film) |
IDR 20,410,000 |
$1,427 |
- |
- |
FD Jabodetabek |
|
PPH yarn |
IDR 19,680,000 |
$1,376 |
- |
- |
FD Jabodetabek |
|
PPH inj |
IDR 19,680,000 |
$1,376 |
- |
- |
FD Jabodetabek |
|
BOPP |
IDR 20,260,000 |
$1,416 |
- |
- |
FD Jabodetabek |
|
PP coating |
IDR 20,260,000 |
$1,416 |
- |
- |
FD Jabodetabek |
|
PP thermo |
IDR 19,830,000 |
$1,386 |
- |
- |
FD Jabodetabek |
|
PPRC |
IDR 22,010,000 |
$1,538 |
- |
- |
FD Jabodetabek |
|
PPBC |
IDR 20,800,000 |
$1,454 |
+IDR 140,000 |
+$10 |
FD Jabodetabek |
|
*All prices are excluded of 10% VAT *Exchange Rate: USD 1 = IDR 14,307 |
|||||
Transactions in the local market remain largely unchanged from the previous week, however, several buyers have informed CommoPlast of intention to make additional replenishment in the coming days, believing that the market might be nearing the bottom.
“Southeast Asian market is too weak, hence international suppliers are not interested in allocating materials to this region. Demand in Indonesia is improving, it is just that buyers are still price-sensitive,” a trader commented.