CommoPlast Article

Indonesian players resumed working following the long weekend holiday to receive a new spot price list from a major local producer at largely stable levels week-on-week.

The producer’s latest price list and changes compared to last week are shown in the following table:

Material	Price List as of 4 Jan. 21	USD Equivalent	W.O.W Changes	USD Equivalent	Term
*Combined and reported by CommoPlast*
LL film	IDR 17,990,000	$1,282	-	-	FD Jabodetabek
mPE	IDR 19,180,000	$1,367	-	-	FD Jabodetabek
LL inj	IDR 19,460,000	$1,387	-	-	FD Jabodetabek
HD film	IDR 17,970,000	$1,281	+IDR 70,000	+$5	FD Jabodetabek
HD yarn	IDR 17,900,000	$1,276	-	-	FD Jabodetabek
HD blow	IDR 18,230,000	$1,299	-	-	FD Jabodetabek
IPP (PP Film)	IDR 21,610,000	$1,540	-	-	FD Jabodetabek
PPH yarn	IDR 21,250,000	$1,515	-	-	FD Jabodetabek
PPH inj	IDR 21,250,000	$1,515	-	-	FD Jabodetabek
BOPP	IDR 21,260,000	$1,515	-	-	FD Jabodetabek
PP coating	IDR 21,260,000	$1,515	-	-	FD Jabodetabek
PP thermo	IDR 21,690,000	$1,546	-	-	FD Jabodetabek
PPRC	IDR 23,410,000	$1,669	-	-	FD Jabodetabek
PPBC	IDR 22,190,000	$1,582	+IDR 420,000	+$30	FD Jabodetabek
All prices are excluded of 10% VAT Exchange Rate: USD 1 = IDR 14,030

There is limited movement on the first trading day of the year as buyers are waiting for clearer market direction before making new purchases. Sources are expected some discounts in the coming days given the fact that previously purchased cargoes from the import ground are arriving at the market.

Local PP, PE market holds largely unchanged in Indonesia