Nov 24, 2024 9:36 a.m.

Local producer keeps PP, PE offers largely unchanged in Indonesia

Local producer keeps PP, PE offers largely unchanged in Indonesia

Title

Available in

A key local producer in Indonesia has opened weekly PP and PE offers to the domestic market on the first trading day of the week with minor changes compared to the previous price announcement. 

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

Material

Price List as of 20 Sept. 21

USD Equivalent

W.O.W Changes

USD Equivalent

Term

Combined and reported by CommoPlast

LL film

IDR 19,110,000

$1,341

-

-

FD Jabodetabek

mPE

IDR 20,230,000

$1,419

-

-

FD Jabodetabek

LL inj

IDR 20,120,000

$1,412

-

-

FD Jabodetabek

HD film

IDR 17,560,000

$1,232

+IDR 140,000

+$10

FD Jabodetabek

HD yarn

IDR 17,560,000

$1,232

+IDR 140,000

+$10

FD Jabodetabek

HD blow

IDR 18,750,000

$1,316

-IDR 140,000

-$10

FD Jabodetabek

IPP (PP Film)

IDR 20,090,000

$1,410

-

-

FD Jabodetabek

PPH yarn

IDR 19,370,000

$1,359

-

-

FD Jabodetabek

PPH inj

IDR 19,370,000

$1,359

-

-

FD Jabodetabek

BOPP

IDR 19,950,000

$1,400

-

-

FD Jabodetabek

PP coating

IDR 19,950,000

$1,400

-

-

FD Jabodetabek

PP thermo

IDR 19,520,000

$1,370

-

-

FD Jabodetabek

PPRC

IDR 22,250,000

$1,561

-

-

FD Jabodetabek

PPBC

IDR 20,620,000

$1,447

-

-

FD Jabodetabek

*All prices are excluded of 10% VAT

*Exchange Rate: USD 1 = IDR 14,253

 

Trading sentiment dims slightly after the correction in the nearby China market. Customers hold back on purchases with the hope to achieve some discounts before proceeding further. 

 

“The producer lifts HDPE offers in response to the tighter supply in the import ground. We are monitoring further development, and so far even traders maintain offers stable from last week,” a buyer commented. 

Country

Indonesia