Indonesian producer continues lifting local PP and PE offers
Indonesian producer continues lifting local PP and PE offers
Indonesian players reported having received new PP and PE offers from a major local producer with additional increases from last week despite softer buying sentiment and the appreciation of the local currency against the US dollar.
The producer’s latest price list and changes compared to last week are shown in the following table:
|
Material |
Price List as of 27 Jan. 20 |
USD Equivalent |
W.O.W Changes |
USD Equivalent |
Term |
|
Combined and reported by CommoPlast |
|||||
|
LL film |
IDR 14,130,000 |
$1,039 |
+IDR 140,000 |
+$10 |
FD Jabodetabek |
|
LL inj |
IDR 15,120,000 |
$1,112 |
+IDR 130,000 |
+$10 |
FD Jabodetabek |
|
HD film |
IDR 14,390,000 |
$1,058 |
+IDR 140,000 |
+$10 |
FD Jabodetabek |
|
HD yarn |
IDR 14,390,000 |
$1,058 |
+IDR 140,000 |
+$10 |
FD Jabodetabek |
|
HD blow |
IDR 14,390,000 |
$1,058 |
+IDR 140,000 |
+$10 |
FD Jabodetabek |
|
IPP (PP Film) |
IDR 17,520,000 |
$1,288 |
+IDR 280,000 |
+$21 |
FD Jabodetabek |
|
PPH yarn |
IDR 17,000,000 |
$1,250 |
+IDR 270,000 |
+$20 |
FD Jabodetabek |
|
PPH inj |
IDR 17,000,000 |
$1,250 |
+IDR 270,000 |
+$20 |
FD Jabodetabek |
|
BOPP |
IDR 17,510,000 |
$1,288 |
+IDR 270,000 |
+$20 |
FD Jabodetabek |
|
PP coating |
IDR 17,510,000 |
$1,288 |
+IDR 270,000 |
+$20 |
FD Jabodetabek |
|
PP thermo |
IDR 17,430,000 |
$1,282 |
+IDR 270,000 |
+$20 |
FD Jabodetabek |
|
PPRC |
IDR 20,180,000 |
$1,484 |
+IDR 280,000 |
+$21 |
FD Jabodetabek |
|
PPBC |
IDR 17,010,000 |
$1,251 |
+IDR 270,000 |
+$20 |
FD Jabodetabek |
|
*All prices are excluded of 10% VAT *Exchange Rate: USD 1 = IDR 13,598 |
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Players said that local supply remains tight, which continues to support the producer to implement further price hike, however, buyers started to retreat to the sideline to assess the demand condition across the region before making decision.