Local PP, PE offers in Indonesia merely changed amid the holiday week
Local PP, PE offers in Indonesia merely changed amid the holiday week
A key local producer in Indonesia opened fresh PP and PE offers to local buyers at largely unchanged from the previous price list, except for the sharp gains in LLDPE and PP block copolymers grades.
The producer’s latest price list and changes compared to last week are shown in the following table:
|
Material |
Price List as of 24 Dec. 22 |
USD Equivalent |
W.O.W Changes |
USD Equivalent |
Term |
|
Combined and reported by CommoPlast |
|||||
|
LL film |
IDR 17,810,000 |
$1,143 |
+IDR 610,000 |
+$39 |
FD Jabodetabek |
|
mPE |
IDR 19,140,000 |
$1,228 |
-IDR 30,000 |
-$2 |
FD Jabodetabek |
|
LL inj |
IDR 18,360,000 |
$1,178 |
+IDR 610,000 |
+$39 |
FD Jabodetabek |
|
HD film |
IDR 18,790,000 |
$1,206 |
-IDR 20,000 |
-$1 |
FD Jabodetabek |
|
HD yarn |
IDR 18,790,000 |
$1,206 |
-IDR 20,000 |
-$1 |
FD Jabodetabek |
|
HD blow |
IDR 19,530,000 |
$1,253 |
-IDR 30,000 |
-$2 |
FD Jabodetabek |
|
IPP (PP Film) |
IDR 18,200,000 |
$1,168 |
-IDR 20,000 |
-$1 |
FD Jabodetabek |
|
PPH yarn |
IDR 17,730,000 |
$1,138 |
-IDR 20,000 |
-$1 |
FD Jabodetabek |
|
PPH inj |
IDR 17,420,000 |
$1,118 |
-IDR 20,000 |
-$1 |
FD Jabodetabek |
|
PP thin wall |
IDR 18,200,000 |
$1,168 |
-IDR 20,000 |
-$1 |
FD Jabodetabek |
|
BOPP |
IDR 18,040,000 |
$1,158 |
-IDR 30,000 |
-$2 |
FD Jabodetabek |
|
PP coating |
IDR 18,040,000 |
$1,158 |
-IDR 30,000 |
-$2 |
FD Jabodetabek |
|
PP thermo |
IDR 18,280,000 |
$1,173 |
-IDR 20,000 |
-$1 |
FD Jabodetabek |
|
PPRC |
IDR 20,240,000 |
$1,299 |
-IDR 30,000 |
-$2 |
FD Jabodetabek |
|
PPBC |
IDR 19,140,000 |
$1,228 |
+IDR 920,000 |
+$59 |
FD Jabodetabek |
|
*All prices are excluded of 10% VAT *Exchange Rate: USD 1 = IDR 15,584 |
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Trading activities in Indonesia have been dwindling over the past several days as market participants take off for the Christmas and New Year holidays. Many manufacturers with disappointing numbers of end-product PO decided to shut down for two weeks.
“We expect the market to remain sluggish this week. However, the steady price list signals a cap on the upside of the market. Buyers are unable to catch up with the constantly hiking prices,” a trader commented.