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Indonesian producer continues cutting local PP and PE offersIndonesian producer continues cutting local PP and PE offers |
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Following a week of attempting to maintain local PP and PE offers stable, a major Indonesian producer decided to resume cutting prices on the back of weaning demand and cloudy near-term outlook.
The producer’s latest price list and changes are shown in the following table:
|
Material |
Price List as of 21 Oct. 19 |
USD Equivalent |
W.O.W Changes |
USD Equivalent |
Term |
|
Combined and reported by CommoPlast |
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|
LL film |
IDR 14,070,000 |
$996 |
-IDR 280,000 |
-$20 |
FD Jabodetabek |
|
LL inj |
IDR 15,420,000 |
$1,092 |
-IDR 280,000 |
-$20 |
FD Jabodetabek |
|
HD film |
IDR 14,350,000 |
$1,016 |
-IDR 140,000 |
-$10 |
FD Jabodetabek |
|
HD yarn |
IDR 14,350,000 |
$1,016 |
-IDR 140,000 |
-$10 |
FD Jabodetabek |
|
HD blow |
IDR 14,350,000 |
$1,016 |
-IDR 150,000 |
-$11 |
FD Jabodetabek |
|
IPP (PP Film) |
IDR 17,550,000 |
$1,242 |
-IDR 280,000 |
-$20 |
FD Jabodetabek |
|
PPH yarn |
IDR 16,970,000 |
$1,201 |
-IDR 290,000 |
-$21 |
FD Jabodetabek |
|
PPH inj |
IDR 16,970,000 |
$1,201 |
-IDR 290,000 |
-$21 |
FD Jabodetabek |
|
BOPP |
IDR 17,260,000 |
$1,222 |
-IDR 290,000 |
-$21 |
FD Jabodetabek |
|
PP coating |
IDR 17,260,000 |
$1,222 |
-IDR 290,000 |
-$21 |
FD Jabodetabek |
|
PP thermo |
IDR 17,400,000 |
$1,232 |
-IDR 290,000 |
-$21 |
FD Jabodetabek |
|
PPRC |
IDR 20,150,000 |
$1,427 |
-IDR 280,000 |
-$20 |
FD Jabodetabek |
|
PPBC |
IDR 17,130,000 |
$1,213 |
-IDR 140,000 |
-$10 |
FD Jabodetabek |
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*All prices are excluded of 10% VAT *Exchange Rate: USD 1 = IDR 14,125 |
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Sources reported that sentiment has not shown any visible improvement over the past weeks and sellers in the distribution market have been offering very competitive offers to entice purchasing activities.
Country
Indonesia
