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Indonesian producer continues cutting local PP and PE pricesIndonesian producer continues cutting local PP and PE prices |
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A major Indonesian producer has announced fresh PP and PE offers to the local market with an additional reduction from last week despite the mild depreciation of the Rupiah against the US dollar.
The producer’s latest price list and changes are shown in the following table:
|
Material |
Price List as of 25 Nov. 19 |
USD Equivalent |
W.O.W Changes |
USD Equivalent |
Term |
|
Combined and reported by CommoPlast |
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LL film |
IDR 12,470,000 |
$885 |
-IDR 70,000 |
-$5 |
FD Jabodetabek |
|
LL inj |
IDR 13,740,000 |
$975 |
-IDR 70,000 |
-$5 |
FD Jabodetabek |
|
HD film |
IDR 13,150,000 |
$933 |
- |
- |
FD Jabodetabek |
|
HD yarn |
IDR 13,150,000 |
$933 |
- |
- |
FD Jabodetabek |
|
HD blow |
IDR 13,150,000 |
$933 |
-IDR 290,000 |
-$21 |
FD Jabodetabek |
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IPP (PP Film) |
IDR 16,350,000 |
$1,160 |
-IDR 280,000 |
-$20 |
FD Jabodetabek |
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PPH yarn |
IDR 15,910,000 |
$1,129 |
-IDR 140,000 |
-$10 |
FD Jabodetabek |
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PPH inj |
IDR 15,910,000 |
$1,129 |
-IDR 140,000 |
-$10 |
FD Jabodetabek |
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BOPP |
IDR 16,210,000 |
$1,150 |
-IDR 140,000 |
-$10 |
FD Jabodetabek |
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PP coating |
IDR 16,210,000 |
$1,150 |
-IDR 140,000 |
-$10 |
FD Jabodetabek |
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PP thermo |
IDR 16,340,000 |
$1,159 |
-IDR 150,000 |
-$11 |
FD Jabodetabek |
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PPRC |
IDR 19,090,000 |
$1,354 |
-IDR 140,000 |
-$10 |
FD Jabodetabek |
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PPBC |
IDR 16,210,000 |
$1,150 |
- |
- |
FD Jabodetabek |
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*All prices are excluded of 10% VAT *Exchange Rate: USD 1 = IDR 14,097 |
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Despite the fact that the latest price list records a smaller reduction week-on-week, local traders still express the disappointment citing the weaker Rupiah should have supported the prices.
Meanwhile, LLDPE film cargoes in the distribution market continued to transact at well below the price list, which discourages any interest in import materials at the moment.
Country
Indonesia
