Apr 20, 2024 11:21 a.m.

The local producer announces weekly PP, PE offers in Indonesia

The local producer announces weekly PP, PE offers in Indonesia

Title

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Indonesian players on the first trading day of the week feeling puzzled by the new price announcement from a major local producer, which sees increases in PE while PP remains unchanged from the previous week. 

The following table detail the latest PP and PE offers after the second price adjustment:

Material

Price List as of 5 Apr. 21

USD Equivalent

W.O.W Changes

USD Equivalent

Term

Combined and reported by CommoPlast

LL film

IDR 21,110,000

$1,453

+IDR 390,000

+$27

FD Jabodetabek

mPE

IDR 25,910,000

$1,783

+IDR 120,000

+$8

FD Jabodetabek

LL inj

IDR 21,910,000

$1,508

-IDR 40,000

-$3

FD Jabodetabek

HD film

IDR 21,100,000

$1,452

+IDR 380,000

+$26

FD Jabodetabek

HD yarn

IDR 21,100,000

$1,452

+IDR 380,000

+$26

FD Jabodetabek

HD blow

IDR 21,240,000

$1,462

+IDR 230,000

+$16

FD Jabodetabek

IPP (PP Film)

IDR 25,040,000

$1,723

-

-

FD Jabodetabek

PPH yarn

IDR 24,320,000

$1,674

-

-

FD Jabodetabek

PPH inj

IDR 24,320,000

$1,674

-

-

FD Jabodetabek

BOPP

IDR 24,470,000

$1,684

-

-

FD Jabodetabek

PP coating

IDR 24,470,000

$1,684

-

-

FD Jabodetabek

PP thermo

IDR 24,760,000

$1,704

-

-

FD Jabodetabek

PPRC

IDR 26,480,000

$1,822

-

-

FD Jabodetabek

PPBC

IDR 25,910,000

$1,783

-

-

FD Jabodetabek

*All prices are excluded of 10% VAT

*Exchange Rate: USD 1 = IDR 14,530

 

 

“Except for the exchange rate, we are not seeing sufficient support for increases. Customers are monitoring the market movement before making any decision, causing a general sluggish sentiment in the local ground,” a market source said. 

Country

Indonesia