Indonesian PP, PE market continued to track firming trend.
Pasar PP dan PE domestik Indonesia tetap berada di jalur yang menguat menyusul pengumuman harga terbaru dari produsen domestik utama, didorong oleh kurangnya stok kargo ready stok dan tingginya biaya hulu.
Indonesia's domestic PP and PE market remain on the firming track following the latest price announcement from a key domestic producer, driven by the lack of ready-stock cargoes and the strong upstream costs. On the other hand, purchasing interest deteriorates further as buyers resist the current price levels.
The producer’s latest price list and changes compared to last week are shown in the following table:
|
Material |
Price List as of 23 Sept. 23 |
USD Equivalent |
W.O.W Changes |
USD Equivalent |
Term |
|
Combined and reported by CommoPlast |
|||||
|
LL film |
IDR 18,540,000 |
$1,207 |
+IDR 40,000 |
+$3 |
FD Jabodetabek |
|
mPE |
IDR 20,200,000 |
$1,315 |
+IDR 40,000 |
+$3 |
FD Jabodetabek |
|
LL inj |
IDR 19,140,000 |
$1,246 |
+IDR 30,000 |
+$2 |
FD Jabodetabek |
|
HD film |
IDR 19,270,000 |
$1,254 |
+IDR 270,000 |
+$18 |
FD Jabodetabek |
|
HD yarn |
IDR 19,270,000 |
$1,254 |
+IDR 270,000 |
+$18 |
FD Jabodetabek |
|
HD blow |
IDR 19,610,000 |
$1,276 |
+IDR 200,000 |
+$13 |
FD Jabodetabek |
|
IPP (PP Film) |
IDR 18,080,000 |
$1,177 |
+IDR 40,000 |
+$3 |
FD Jabodetabek |
|
PPH yarn |
IDR 17,070,000 |
$1,111 |
+IDR 30,000 |
+$2 |
FD Jabodetabek |
|
PPH inj |
IDR 17,070,000 |
$1,111 |
+IDR 30,000 |
+$2 |
FD Jabodetabek |
|
PP thin wall |
IDR 17,610,000 |
$1,146 |
+IDR 30,000 |
+$2 |
FD Jabodetabek |
|
BOPP |
IDR 17,770,000 |
$1,157 |
+IDR 40,000 |
+$3 |
FD Jabodetabek |
|
PP coating |
IDR 17,770,000 |
$1,157 |
+IDR 40,000 |
+$3 |
FD Jabodetabek |
|
PP thermo |
IDR 17,380,000 |
$1,131 |
+IDR 30,000 |
+$2 |
FD Jabodetabek |
|
PPRC |
IDR 19,240,000 |
$1,252 |
+IDR 200,000 |
+$13 |
FD Jabodetabek |
|
PPBC |
IDR 19,050,000 |
$1,240 |
+IDR 270,000 |
+$18 |
FD Jabodetabek |
|
*All prices are excluded of 11% VAT *Exchange Rate: USD 1 = IDR 15,365 *Transportation Cost: West Java = IDR 60,000, Central Java & East Java = IDR 250,000 |
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Pembeli Indonesia sebagian besar telah menyetok sejumlah kargo selama seminggu terakhir ketika minyak mentah hulu mencapai titik tertinggi dalam sepuluh bulan. Tanpa adanya peningkatan nyata dalam permintaan barang jadi, para manufaktur mungkin memilih untuk berhati-hati di tengah margin keuntungan yang sudah tipis.
“Namun, kami memperkirakan tren penguatan akan terus berlanjut. Penghentian produksi di PT Lotte Chemical Titan Nusantara sangat membatasi ketersediaan HDPE. Ditambah lagi, produsen harus melindungi keuntungannya karena ethylene dan propylene masih kuat,” komentar seorang pedagang.