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Indonesian producer lift spot PP and PE offers slightly as demand softensIndonesian producer lift spot PP and PE offers slightly as demand softens |
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Indonesian customers reported having received fresh weekly PP and PE offers from a key local producer with minor increases, though demand weakens sharply as buyers withdraw to the sideline, waiting for the maker to announce contract prices.
The producer’s latest price list and changes compared to the previous price list are shown in the following table:
|
Material |
Price List as of 28 Mar. 22 |
USD Equivalent |
W.O.W Changes |
USD Equivalent |
Term |
|
Combined and reported by CommoPlast |
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|
LL film |
IDR 24,630,000 |
$1,716 |
+IDR 70,000 |
+$5 |
FD Jabodetabek |
|
mPE |
IDR 26,070,000 |
$1,817 |
+IDR 70,000 |
+$5 |
FD Jabodetabek |
|
LL inj |
IDR 25,190,000 |
$1,756 |
+IDR 50,000 |
+$3 |
FD Jabodetabek |
|
HD film |
IDR 24,630,000 |
$1,716 |
+IDR 70,000 |
+$5 |
FD Jabodetabek |
|
HD yarn |
IDR 24,630,000 |
$1,716 |
+IDR 70,000 |
+$5 |
FD Jabodetabek |
|
HD blow |
IDR 25,190,000 |
$1,756 |
+IDR 50,000 |
+$3 |
FD Jabodetabek |
|
IPP (PP Film) |
IDR 26,520,000 |
$1,848 |
+IDR 70,000 |
+$5 |
FD Jabodetabek |
|
PPH yarn |
IDR 26,160,000 |
$1,823 |
+IDR 70,000 |
+$5 |
FD Jabodetabek |
|
PPH inj |
IDR 26,160,000 |
$1,823 |
+IDR 70,000 |
+$5 |
FD Jabodetabek |
|
PP thin wall |
IDR 26,950,000 |
$1,878 |
+IDR 70,000 |
+$5 |
FD Jabodetabek |
|
BOPP |
IDR 26,450,000 |
$1,843 |
+IDR 80,000 |
+$6 |
FD Jabodetabek |
|
PP coating |
IDR 26,450,000 |
$1,843 |
+IDR 80,000 |
+$6 |
FD Jabodetabek |
|
PP thermo |
IDR 26,660,000 |
$1,858 |
+IDR 70,000 |
+$5 |
FD Jabodetabek |
|
PPRC |
IDR 28,020,000 |
$1,953 |
+IDR 70,000 |
+$5 |
FD Jabodetabek |
|
PPBC |
IDR 26,460,000 |
$1,844 |
+IDR 70,000 |
+$5 |
FD Jabodetabek |
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*All prices are excluded of 10% VAT *Exchange Rate: USD 1 = IDR 14,349 |
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As reported late last week, news of the maker might lift contract prices for the second quarter of the year by three digits caused some panic buying in the distribution market. However, customers are on the wait-and-see again claiming to have comfortable stocks until after Ramadan.
“The market is rather quiet today. Fortunately, we managed to close a good number of sales last week and are currently focused on delivery. Demand might weaken further because some of our customers are planning to shut down earlier than usual for Eid al Fitr,” a trader said.
Country
Indonesia
