Local PP and PE market tracks stable to firmer trend in Indonesia amid holiday
The latest price list might set the tone for the market once players return from the long holiday on 26 April 2023.
In spite of the fact that the Indonesian market is currently off for the Eid Fitr holiday, a key domestic producer decided to announce the weekly PP and PE offers at stable to firmer levels over the weekend. The latest price list might set the tone for the market once players return from the long holiday on 26 April 2023.
The producer’s latest price list and changes compared to last week are shown in the following table:
Material |
Price List as of 22 Apr. 23 |
USD Equivalent |
W.O.W Changes |
USD Equivalent |
Term |
Combined and reported by CommoPlast |
|||||
LL film |
IDR 17,790,000 |
$1,192 |
- |
- |
FD Jabodetabek |
mPE |
IDR 19,690,000 |
$1,320 |
- |
- |
FD Jabodetabek |
LL inj |
IDR 18,390,000 |
$1,233 |
- |
- |
FD Jabodetabek |
HD film |
IDR 17,840,000 |
$1,196 |
- |
- |
FD Jabodetabek |
HD yarn |
IDR 17,840,000 |
$1,196 |
- |
- |
FD Jabodetabek |
HD blow |
IDR 18,340,000 |
$1,229 |
+IDR 150,000 |
+$10 |
FD Jabodetabek |
IPP (PP Film) |
IDR 17,920,000 |
$1,201 |
- |
- |
FD Jabodetabek |
PPH yarn |
IDR 17,320,000 |
$1,161 |
- |
- |
FD Jabodetabek |
PPH inj |
IDR 17,320,000 |
$1,161 |
- |
- |
FD Jabodetabek |
PP thin wall |
IDR 17,850,000 |
$1,196 |
- |
- |
FD Jabodetabek |
BOPP |
IDR 17,620,000 |
$1,181 |
- |
- |
FD Jabodetabek |
PP coating |
IDR 17,620,000 |
$1,181 |
- |
- |
FD Jabodetabek |
PP thermo |
IDR 17,620,000 |
$1,181 |
- |
- |
FD Jabodetabek |
PPRC |
IDR 19,150,000 |
$1,284 |
- |
- |
FD Jabodetabek |
PPBC |
IDR 19,150,000 |
$1,284 |
+IDR 300,000 |
+$20 |
FD Jabodetabek |
*All prices are excluded of 11% VAT *Exchange Rate: USD 1 = IDR 14,920 *Transportation Cost: West Java = IDR 60,000, Central Java & East Java = IDR 250,000 |