Sep 21, 2020 4:48 p.m.

Indonesian producer continues lifting domestic PP and PE offers

The fresh price list substantially increases from the previous week despite the partial lockdown in the capital city of Jakarta.

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Indonesian players reported having received a fresh price list from a major local producer with substantial increases from the previous week despite the partial lockdown in the capital city of Jakarta. 

The producer’s latest price list and changes compared to last week are shown in the following table: 

Material

Price List as of 14 Sept. 2020

USD Equivalent

W.O.W Changes

USD Equivalent

Term

Combined and reported by CommoPlast

LL film

IDR 15,430,000

$1,029

+IDR 730,000

+$49

FD Jabodetabek

mPE

IDR 17,320,000

$1,155

-IDR 140,000

-$9

FD Jabodetabek

LL inj

IDR 16,710,000

$1,115

+IDR 750,000

+$50

FD Jabodetabek

HD film

IDR 15,620,000

$1,042

+IDR 290,000

+$19

FD Jabodetabek

HD yarn

IDR 15,620,000

$1,042

+IDR 290,000

+$19

FD Jabodetabek

HD blow

IDR 15,640,000

$1,043

+IDR 530,000

+$35

FD Jabodetabek

IPP (PP Film)

IDR 16,180,000

$1,079

+IDR 440,000

+$29

FD Jabodetabek

PPH yarn

IDR 15,600,000

$1,040

+IDR 440,000

+$29

FD Jabodetabek

PPH inj

IDR 15,600,000

$1,040

+IDR 440,000

+$29

FD Jabodetabek

BOPP

IDR 15,880,000

$1,059

+IDR 440,000

+$29

FD Jabodetabek

PP coating

IDR 15,880,000

$1,059

+IDR 440,000

+$29

FD Jabodetabek

PP thermo

IDR 15,600,000

$1,040

+IDR 440,000

+$29

FD Jabodetabek

PPRC

IDR 18,070,000

$1,205

+IDR 460,000

+$31

FD Jabodetabek

PPBC

IDR 16,450,000

$1,097

+IDR 150,000

+$10

FD Jabodetabek

*All prices are excluded of 10% VAT

*Exchange Rate: USD 1 = IDR 14,993

 

 

Indonesian buyers remain cautious amid the uncertain market outlook as the pandemic worsens in the country. Sources said that the price increment is partially supported by the weakening Rupiah against the US dollar. “Yet, the sustainability of the current trend is very questionable due to the lack of support from the demand side,” a trader added. 

Country

Indonesia