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Domestic maker introduces additional cuts on PP, PE prices in IndonesiaDomestic maker introduces additional cuts on PP, PE prices in Indonesia |
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Local PP and PE market in Indonesia continue to move lower this week with a major local producer opens the new price list with a $10/ton reduction on most of the grades.
The producer’s latest price list and changes are shown in the following table:
Material |
Price List as of 2 Dec. 19 |
USD Equivalent |
W.O.W Changes |
USD Equivalent |
Term |
Combined and reported by CommoPlast |
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LL film |
IDR 12,330,000 |
$874 |
-IDR 140,000 |
-$10 |
FD Jabodetabek |
LL inj |
IDR 13,600,000 |
$964 |
-IDR 140,000 |
-$10 |
FD Jabodetabek |
HD film |
IDR 13,010,000 |
$922 |
-IDR 140,000 |
-$10 |
FD Jabodetabek |
HD yarn |
IDR 13,010,000 |
$922 |
-IDR 140,000 |
-$10 |
FD Jabodetabek |
HD blow |
IDR 13,010,000 |
$922 |
-IDR 140,000 |
-$10 |
FD Jabodetabek |
IPP (PP Film) |
IDR 16,350,000 |
$1,159 |
- |
- |
FD Jabodetabek |
PPH yarn |
IDR 15,770,000 |
$1,118 |
-IDR 140,000 |
-$10 |
FD Jabodetabek |
PPH inj |
IDR 15,770,000 |
$1,118 |
-IDR 140,000 |
-$10 |
FD Jabodetabek |
BOPP |
IDR 16,210,000 |
$1,149 |
- |
- |
FD Jabodetabek |
PP coating |
IDR 16,210,000 |
$1,149 |
- |
- |
FD Jabodetabek |
PP thermo |
IDR 16,200,000 |
$1,148 |
-IDR 140,000 |
-$10 |
FD Jabodetabek |
PPRC |
IDR 18,950,000 |
$1,343 |
-IDR 140,000 |
-$10 |
FD Jabodetabek |
PPBC |
IDR 15,500,000 |
$1,099 |
-IDR 710,000 |
-$50 |
FD Jabodetabek |
*All prices are excluded of 10% VAT *Exchange Rate: USD 1 = IDR 14,109 |
Purchasing interest remains sluggish as buyers anticipate a further reduction in the coming days as a result of continued improving local supply. Meanwhile, deals in the distribution market remain way below the price list at the moment.
Country
Indonesia