Indonesian producer lifted local PP prices second time week, maintains PE
Indonesian producer lifted local PP prices second time week, maintains PE
Indonesian buyers reported having received another price adjustment from a major local producer, from which spot PP cargoes inch $10/ton higher than the previous trading day while PE hold unchanged.
The producer’s latest price list and changes compared to last week are shown in the following table:
|
Material |
Price List as of 23 Feb. 21 |
USD Equivalent |
W.O.W Changes |
USD Equivalent |
Term |
|
Combined and reported by CommoPlast |
|||||
|
LL film |
IDR 17,560,000 |
$1,244 |
- |
- |
FD Jabodetabek |
|
mPE |
IDR 19,180,000 |
$1,358 |
- |
- |
FD Jabodetabek |
|
LL inj |
IDR 19,020,000 |
$1,347 |
- |
- |
FD Jabodetabek |
|
HD film |
IDR 17,980,000 |
$1,273 |
- |
- |
FD Jabodetabek |
|
HD yarn |
IDR 17,700,000 |
$1,254 |
- |
- |
FD Jabodetabek |
|
HD blow |
IDR 18,560,000 |
$1,314 |
- |
- |
FD Jabodetabek |
|
IPP (PP Film) |
IDR 23,040,000 |
$1,632 |
+IDR 140,000 |
+$10 |
FD Jabodetabek |
|
PPH yarn |
IDR 22,240,000 |
$1,575 |
+IDR 140,000 |
+$10 |
FD Jabodetabek |
|
PPH inj |
IDR 22,240,000 |
$1,575 |
+IDR 140,000 |
+$10 |
FD Jabodetabek |
|
BOPP |
IDR 22,670,000 |
$1,606 |
+IDR 140,000 |
+$10 |
FD Jabodetabek |
|
PP coating |
IDR 22,670,000 |
$1,606 |
+IDR 140,000 |
+$10 |
FD Jabodetabek |
|
PP thermo |
IDR 22,670,000 |
$1,606 |
+IDR 140,000 |
+$10 |
FD Jabodetabek |
|
PPRC |
IDR 24,780,000 |
$1,755 |
+IDR 140,000 |
+$10 |
FD Jabodetabek |
|
PPBC |
IDR 23,630,000 |
$1,674 |
+IDR 140,000 |
+$10 |
FD Jabodetabek |
|
*All prices are excluded of 10% VAT *Exchange Rate: USD 1 = IDR 14,080 |
|||||
This is the second upward price adjustment from the maker this week, however, purchasing activities remain subdued as manufacturers are unable to accept the current high price levels.