Indonesian producer opens third price list in a week
Indonesian producer opens third price list in a week
A key Indonesian producer has opened another price list this week with additional increases on PP cargoes claiming the rising upstream costs even though demand in this market has been deteriorating rapidly.
The producer’s latest price list and changes compared to last week are shown in the following table:
|
Material |
Price List as of10 Feb. 22 |
USD Equivalent |
W.O.W Changes |
USD Equivalent |
Term |
|
Combined and reported by CommoPlast |
|||||
|
LL film |
IDR 21,230,000 |
$1,480 |
- |
- |
FD Jabodetabek |
|
mPE |
IDR 23,250,000 |
$1,621 |
- |
- |
FD Jabodetabek |
|
LL inj |
IDR 22,170,000 |
$1,545 |
- |
- |
FD Jabodetabek |
|
HD film |
IDR 20,370,000 |
$1,420 |
- |
- |
FD Jabodetabek |
|
HD yarn |
IDR 20,370,000 |
$1,420 |
- |
- |
FD Jabodetabek |
|
HD blow |
IDR 20,730,000 |
$1,445 |
- |
- |
FD Jabodetabek |
|
IPP (PP Film) |
IDR 24,540,000 |
$1,711 |
+IDR 280,000 |
+$20 |
FD Jabodetabek |
|
PPH yarn |
IDR 24,040,000 |
$1,676 |
+IDR 290,000 |
+$20 |
FD Jabodetabek |
|
PPH inj |
IDR 24,040,000 |
$1,676 |
+IDR 290,000 |
+$20 |
FD Jabodetabek |
|
PP thin wall |
IDR 24,830,000 |
$1,731 |
+IDR 290,000 |
+$20 |
FD Jabodetabek |
|
BOPP |
IDR 24,330,000 |
$1,696 |
+IDR 290,000 |
+$20 |
FD Jabodetabek |
|
PP coating |
IDR 24,540,000 |
$1,711 |
+IDR 280,000 |
+$20 |
FD Jabodetabek |
|
PP thermo |
IDR 24,400,000 |
$1,701 |
+IDR 290,000 |
+$20 |
FD Jabodetabek |
|
PPRC |
IDR 26,340,000 |
$1,836 |
+IDR 290,000 |
+$20 |
FD Jabodetabek |
|
PPBC |
IDR 24,490,000 |
$1,707 |
+IDR 290,000 |
+$20 |
FD Jabodetabek |
|
*All prices are excluded of 10% VAT *Exchange Rate: USD 1 = IDR 14,346 |
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Sources said that trading activities are stagnant. Buyers can no longer afford the new prices and prefer to source the competitive cargoes in the import ground if needed.
“We think the new offers are just for display purposes. Our customers show no interest in making purchases because of the sluggish end-product businesses. Without the support from the demand, the market might be coming down soon,” a trader said.