Local producer maintains PP and PE offers stable in Indonesia
Local producer maintains PP and PE offers stable in Indonesia

For the second week in a row, a major local producer maintains PP and PE prices unchanged in Indonesia, yet, purchasing interest is deteriorating rapidly as buyers continue to resist the prices.
The producer’s latest price list and changes compared to last week are shown in the following table:
Material |
Price List as of 28 Dec. 2020 |
USD Equivalent |
W.O.W Changes |
USD Equivalent |
Term |
Combined and reported by CommoPlast |
|||||
LL film |
IDR 17,990,000 |
$1,288 |
- |
- |
FD Jabodetabek |
mPE |
IDR 19,180,000 |
$1,374 |
- |
- |
FD Jabodetabek |
LL inj |
IDR 19,460,000 |
$1,394 |
- |
- |
FD Jabodetabek |
HD film |
IDR 17,900,000 |
$1,282 |
- |
- |
FD Jabodetabek |
HD yarn |
IDR 17,900,000 |
$1,282 |
- |
- |
FD Jabodetabek |
HD blow |
IDR 18,230,000 |
$1,306 |
- |
- |
FD Jabodetabek |
IPP (PP Film) |
IDR 21,610,000 |
$1,548 |
- |
- |
FD Jabodetabek |
PPH yarn |
IDR 21,250,000 |
$1,522 |
- |
- |
FD Jabodetabek |
PPH inj |
IDR 21,250,000 |
$1,522 |
- |
- |
FD Jabodetabek |
BOPP |
IDR 21,260,000 |
$1,523 |
- |
- |
FD Jabodetabek |
PP coating |
IDR 21,260,000 |
$1,523 |
- |
- |
FD Jabodetabek |
PP thermo |
IDR 21,690,000 |
$1,553 |
- |
- |
FD Jabodetabek |
PPRC |
IDR 23,410,000 |
$1,677 |
- |
- |
FD Jabodetabek |
PPBC |
IDR 21,770,000 |
$1,559 |
- |
- |
FD Jabodetabek |
*All prices are excluded of 10% VAT *Exchange Rate: USD 1 = IDR 13,963 |
Many Indonesian customers have left for the holiday seasons, resulting in a rather lethargic trading sentiment in this market. Sources said that the downward pressure is intensifying, and traders might introduce some price cuts in the coming days.