CommoPlast Article

A key Indonesian producer keeps PP and PE offers stable from the pre-holiday period following a ten-day break on the background of softening regional market. Players said everyone is on the wait-and-see to gauge the outlook before making buying decision.

The producer’s latest price list and changes compared to last week are shown in the following table:

Material	Price List as of9 May. 22	USD Equivalent	W.O.W Changes	USD Equivalent	Term
*Combined and reported by CommoPlast*
LL film	IDR 23,830,000	$1,644	-	-	FD Jabodetabek
mPE	IDR 26,070,000	$1,799	-	-	FD Jabodetabek
LL inj	IDR 24,550,000	$1,694	-	-	FD Jabodetabek
HD film	IDR 23,690,000	$1,634	-	-	FD Jabodetabek
HD yarn	IDR 23,970,000	$1,654	-	-	FD Jabodetabek
HD blow	IDR 24,120,000	$1,664	-	-	FD Jabodetabek
IPP (PP Film)	IDR 23,540,000	$1,624	-	-	FD Jabodetabek
PPH yarn	IDR 22,750,000	$1,570	-	-	FD Jabodetabek
PPH inj	IDR 22,750,000	$1,570	-	-	FD Jabodetabek
PP thin wall	IDR 23,690,000	$1,634	-	-	FD Jabodetabek
BOPP	IDR 23,040,000	$1,590	-	-	FD Jabodetabek
PP coating	IDR 23,040,000	$1,590	-	-	FD Jabodetabek
PP thermo	IDR 23,110,000	$1,594	-	-	FD Jabodetabek
PPRC	IDR 24,700,000	$1,704	-	-	FD Jabodetabek
PPBC	IDR 23,970,000	$1,654	-	-	FD Jabodetabek
All prices are excluded of 10% VAT Exchange Rate: USD 1 = IDR 14,494

Trading sentiment is weak. Manufacturers are returning to work gradually, though many decision makers are still away from their desks, which could lead to another week of quietness. Customers are in no rush to make replenishment, especially with the thin interest in China market.

“International suppliers keep import homo-PP at relatively competitive levels. Local sellers might need to adjust offers, it is better to stay on the sideline,” a buyer said.

Indonesian PP, PE market comes back from the holiday on a stable note