Local producer keeps PP, PE offers largely unchanged in Indonesia
Local producer keeps PP, PE offers largely unchanged in Indonesia
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.