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Local producer announced new PP, PE offers mostly stable in IndonesiaLocal producer announced new PP, PE offers mostly stable in Indonesia |
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A major local producer in Indonesia has announced fresh PP and PE offers to domestic buyers mostly at the unchanged level from last week, except for a minor reduction on HDPE and PP block copolymer cargoes.
The producer’s latest price list and changes are shown in the following table:
|
Material |
Price List as of 24 Jun 19 |
USD Equivalent |
W.O.W Changes |
USD Equivalent |
Term |
|
|
LL film |
IDR 15,620,000 |
$1,105 |
- |
- |
FD Jabodetabek, cash |
|
|
LL inj |
IDR 16,930,000 |
$1,198 |
- |
- |
FD Jabodetabek, cash |
|
|
HD film |
IDR 16,060,000 |
$1,136 |
-IDR 150,000 |
-$11 |
FD Jabodetabek, cash |
|
|
HD yarn |
IDR 16,060,000 |
$1,136 |
-IDR 150,000 |
-$11 |
FD Jabodetabek, cash |
|
|
IPP (PP Film) |
IDR 17,210,000 |
$1,217 |
- |
- |
FD Jabodetabek, cash |
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PPH yarn |
IDR 16,780,000 |
$1,187 |
- |
- |
FD Jabodetabek, cash |
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PPH inj |
IDR 16,780,000 |
$1,187 |
- |
- |
FD Jabodetabek, cash |
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BOPP |
IDR 17,360,000 |
$1,228 |
- |
- |
FD Jabodetabek, cash |
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PP coating |
IDR 17,360,000 |
$1,228 |
- |
- |
FD Jabodetabek, cash |
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PP thermo |
IDR 17,210,000 |
$1,217 |
- |
- |
FD Jabodetabek, cash |
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PPRC |
IDR 19,970,000 |
$1,413 |
- |
- |
FD Jabodetabek, cash |
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PPBC |
IDR 17,650,000 |
$1,248 |
-IDR 140,000 |
-$10 |
FD Jabodetabek, cash |
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Exchange Rate: USD 1 = IDR 14,137 |
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It appears that Indonesian buyers are returning to the market to make replenishment with expectation that market might be nearing the bottom. The recent movement in the import ground has impacted the sentiment in the local market positively.
Country
Indonesia
