Indonesian Maker Lowered Domestic PP Price
Indonesian Maker Lowered Domestic PP Price
This morning, market reported that a major Indonesian producer has adjusted down their PP price by IDR320,000/t ($23/t) compared to last week while maintaining their PE prices unchanged. The latest offer from this producer stands at:
|
Material |
Price in IDR/ton |
Price in USD/ton |
Term |
|
LL film |
IDR17,340,000 |
$1238 |
FD Jabodetabek, cash |
|
LL Inj |
IDR 20,470,000 |
$1460 |
FD Jabodetabek, cash |
|
HD film |
IDR 17,120,000 |
$1222 |
FD Jabodetabek, cash |
|
HD Inj |
IDR 17,380,000 |
$1240 |
FD Jabodetabek, cash |
|
HD blow molding |
IDR 17,240,000 |
$1230 |
FD Jabodetabek, cash |
|
HD pipe |
IDR 19,530,000 |
$1395 |
FD Jabodetabek, cash |
|
IPP (PP film) |
IDR 14,280,000 |
$1020 |
FD Jabodetabek, cash |
|
PPH Yarn |
IDR 13,860,000 |
$990 |
FD Jabodetabek, cash |
|
PPH Inj |
IDR 13,860,000 |
$990 |
FD Jabodetabek, cash |
|
BOPP |
IDR 14,000,000 |
$1000 |
FD Jabodetabek, cash |
|
PP coating |
IDR 14,000,000 |
$1000 |
FD Jabodetabek, cash |
|
PP thermo |
IDR 14,280,000 |
$1020 |
FD Jabodetabek, cash |
|
Exchange rate: USD 1 = IDR 14,005 |
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A trader commented, “We are offering at the producer’s price list at the moment but market is rather quiet at the beginning of the week. We will need to monitor further to have clearer direction. Last week we managed to close a good number of deals and we hope that trading activities will improve this week. We think PE market will have a better outlook in the near term than PP.”
For further information, kindly contact our market analysts at commoplastinfo@gmail.com.