Indonesian maker slash spot PP and PE offers in the local market
Indonesian maker slash spot PP and PE offers in the local market
Spot price list from a major local producer in Indonesia opened on the first trading day of the week witnessing $20/ton reduction on most PP and PE grades compared to last week. Weaker purchasing interest and cloudy market outlook are cited as the main factors affecting the price decision.
The producer’s latest price list and changes compared to last week are shown in the following table:
|
Material |
Price List as of 10 Feb. 20 |
USD Equivalent |
W.O.W Changes |
USD Equivalent |
Term |
|
Combined and reported by CommoPlast |
|||||
|
LL film |
IDR 14,130,000 |
$1,029 |
-IDR 270,000 |
-$20 |
FD Jabodetabek |
|
LL inj |
IDR 15,120,000 |
$1,101 |
-IDR 280,000 |
-$20 |
FD Jabodetabek |
|
HD film |
IDR 14,110,000 |
$1,028 |
-IDR 280,000 |
-$20 |
FD Jabodetabek |
|
HD yarn |
IDR 14,110,000 |
$1,028 |
-IDR 280,000 |
-$20 |
FD Jabodetabek |
|
HD blow |
IDR 14,110,000 |
$1,028 |
-IDR 280,000 |
-$20 |
FD Jabodetabek |
|
IPP (PP Film) |
IDR 17,240,000 |
$1,256 |
-IDR 280,000 |
-$20 |
FD Jabodetabek |
|
PPH yarn |
IDR 16,730,000 |
$1,219 |
-IDR 270,000 |
-$20 |
FD Jabodetabek |
|
PPH inj |
IDR 16,730,000 |
$1,219 |
-IDR 270,000 |
-$20 |
FD Jabodetabek |
|
BOPP |
IDR 17,240,000 |
$1,256 |
-IDR 270,000 |
-$20 |
FD Jabodetabek |
|
PP coating |
IDR 17,240,000 |
$1,256 |
-IDR 270,000 |
-$20 |
FD Jabodetabek |
|
PP thermo |
IDR 17,160,000 |
$1,250 |
-IDR 270,000 |
-$20 |
FD Jabodetabek |
|
PPRC |
IDR 19,900,000 |
$1,450 |
-IDR 280,000 |
-$20 |
FD Jabodetabek |
|
PPBC |
IDR 17,150,000 |
$1,249 |
-IDR 280,000 |
-$20 |
FD Jabodetabek |
|
*All prices are excluded of 10% VAT *Exchange Rate: USD 1 = IDR 13,728 |
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Sources said that a number of distributors have been cutting offers for PE drastically in the previous week, sending the distribution market to way below the official price list.