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Local producer announces PP and PE offers in IndonesiaLocal producer announces PP and PE offers in Indonesia |
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A major local producer in Indonesia has reportedly announced fresh PP and PE offers to the domestic buyer on the first trading day of the week at the stable to softer levels.
The producer’s latest price list and changes are shown in the following table:
|
Material |
Price List as of 12 Aug 19 |
USD Equivalent |
W.O.W Changes |
USD Equivalent |
Term |
|
|
LL film |
IDR 15,810,000 |
$1,112 |
- |
- |
FD Jabodetabek, cash |
|
|
LL inj |
IDR 17,110,000 |
$1,203 |
- |
- |
FD Jabodetabek, cash |
|
|
HD film |
IDR 15,960,000 |
$1,122 |
-IDR 150,000 |
-$11 |
FD Jabodetabek, cash |
|
|
HD yarn |
IDR 15,960,000 |
$1,122 |
-IDR 150,000 |
-$11 |
FD Jabodetabek, cash |
|
|
IPP (PP Film) |
IDR 17,550,000 |
$1,234 |
- |
- |
FD Jabodetabek, cash |
|
|
PPH yarn |
IDR 17,250,000 |
$1,213 |
- |
- |
FD Jabodetabek, cash |
|
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PPH inj |
IDR 17,250,000 |
$1,213 |
- |
- |
FD Jabodetabek, cash |
|
|
BOPP |
IDR 17,330,000 |
$1,218 |
-IDR 360,000 |
-$25 |
FD Jabodetabek, cash |
|
|
PP coating |
IDR 17,330,000 |
$1,218 |
-IDR 360,000 |
-$25 |
FD Jabodetabek, cash |
|
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PP thermo |
IDR 17,690,000 |
$1,244 |
- |
- |
FD Jabodetabek, cash |
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PPRC |
IDR 20,450,000 |
$1,438 |
- |
- |
FD Jabodetabek, cash |
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PPBC |
IDR 17,840,000 |
$1,254 |
- |
- |
FD Jabodetabek, cash |
|
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Exchange Rate: USD 1 = IDR 14,224 |
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Sources believed that in order to conclude deals, the producer might have to concede to large discount from the price list given the fact that prices in the distribution market have been sliding significantly over the past week.
“The fact that offers continue to go down despite the on-going plant shutdown and the depreciation of the Rupiah against the US dollar has underlined the state of demand in the country. Buyers are having strong negotiation power,” a customer commented.
Country
Indonesia
