Local Indonesia PP and PE market continue to slide on weak demand

insight 20 Apr 2020

Local Indonesia PP and PE market continue to slide on weak demand

Pasar PP dan PE lokal di Indonesia bergerak turun di hari pertama pekan ini sebagian karena penguatan Rupiah Indonesia terhadap dolar AS dan juga kondisi permintaan sepi di pasar ini.

Perubahan pricelist terbaru dari produsen dibanding minggu lalu ditunjukkan tabel berikut:

Material	Price List as of 20 Apr. 20	USD Equivalent	W.O.W Changes	USD Equivalent	Term
Combined and reported by CommoPlast
LL film	IDR 12,000,000	$771	-IDR 1,570,000	-$101	FD Jabodetabek
mPE	IDR 16,270,000	$1,045	+IDR 2,210,000	+$142	FD Jabodetabek
LL inj	IDR 13,430,000	$863	-IDR 1,620,000	-$104	FD Jabodetabek
HD film	IDR 12,160,000	$781	-IDR 1,410,000	-$91	FD Jabodetabek
HD yarn	IDR 12,160,000	$781	-IDR 1,410,000	-$91	FD Jabodetabek
HD blow	IDR 12,240,000	$786	-IDR 1,410,000	-$91	FD Jabodetabek
IPP (PP Film)	IDR 14,650,000	$941	-IDR 320,000	-$21	FD Jabodetabek
PPH yarn	IDR 13,750,000	$883	-IDR 310,000	-$20	FD Jabodetabek
PPH inj	IDR 13,750,000	$883	-IDR 310,000	-$20	FD Jabodetabek
BOPP	IDR 14,570,000	$936	-IDR 320,000	-$21	FD Jabodetabek
PP coating	IDR 14,570,000	$936	-IDR 320,000	-$21	FD Jabodetabek
PP thermo	IDR 14,080,000	$904	-IDR 310,000	-$20	FD Jabodetabek
PPRC	IDR 16,380,000	$1,052	-IDR 320,000	-$21	FD Jabodetabek
PPBC	IDR 15,070,000	$968	-IDR 480,000	-$31	FD Jabodetabek
All prices are excluded of 10% VAT Exchange Rate: USD 1 = IDR 15,570

Penting dicatat produsen sudah mulai menawarkan grade metallocene PE (mPE) di pasar lokal setelah ekspansi di unit downstream pada tahun 2019.

Penurunan tajam pada kargo HDPE dan LLDPE film menjadikan bahan lokal lebih kompetitif dibanding impor dan ditambah nilai tukar, pembeli mungkin lebih memilih mengambil kargo dari lokal.

Country
Indonesia