Local PP and PE offers in Indonesia surge drastically
Local PP and PE offers in Indonesia surge drastically
Indonesian players on the first trading day of the week receive fresh PP and PE offers from a major local producer with significant increases from the previous week citing the lack of supply and the recent soars in contract prices for Q1-2021.
The producer’s latest price list and changes compared to last week are shown in the following table:
|
Material |
Price List as of 7 Dec. 2020 |
USD Equivalent |
W.O.W Changes |
USD Equivalent |
Term |
|
Combined and reported by CommoPlast |
|||||
|
LL film |
IDR 18,080,000 |
$1,278 |
IDR 1,710,000 |
$121 |
FD Jabodetabek |
|
mPE |
IDR 19,490,000 |
$1,378 |
IDR 1,420,000 |
$100 |
FD Jabodetabek |
|
LL inj |
IDR 19,590,000 |
$1,385 |
IDR 1,700,000 |
$120 |
FD Jabodetabek |
|
HD film |
IDR 18,800,000 |
$1,329 |
IDR 1,850,000 |
$131 |
FD Jabodetabek |
|
HD yarn |
IDR 18,800,000 |
$1,329 |
IDR 1,850,000 |
$131 |
FD Jabodetabek |
|
HD blow |
IDR 19,120,000 |
$1,352 |
IDR 1,710,000 |
$121 |
FD Jabodetabek |
|
IPP (PP Film) |
IDR 21,610,000 |
$1,528 |
IDR 1,710,000 |
$121 |
FD Jabodetabek |
|
PPH yarn |
IDR 21,250,000 |
$1,503 |
IDR 1,710,000 |
$121 |
FD Jabodetabek |
|
PPH inj |
IDR 21,250,000 |
$1,503 |
IDR 1,710,000 |
$121 |
FD Jabodetabek |
|
BOPP |
IDR 21,260,000 |
$1,503 |
IDR 1,850,000 |
$131 |
FD Jabodetabek |
|
PP coating |
IDR 21,260,000 |
$1,503 |
IDR 1,850,000 |
$131 |
FD Jabodetabek |
|
PP thermo |
IDR 21,690,000 |
$1,534 |
IDR 1,710,000 |
$121 |
FD Jabodetabek |
|
PPRC |
IDR 23,410,000 |
$1,655 |
IDR 1,710,000 |
$121 |
FD Jabodetabek |
|
PPBC |
IDR 21,770,000 |
$1,539 |
IDR 1,420,000 |
$100 |
FD Jabodetabek |
|
*All prices are excluded of 10% VAT *Exchange Rate: USD 1 = IDR 14,142 |
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Buyers are puzzled with the new price list and prefer to wait on the sideline due to the inability to convince end-product customers to accept the raw material prices. Sources believed that desperate buyers would still need to make small purchases, however, it is less likely that manufacturers would be active in buying this week.