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Domestic PP and PE offers extended the falling trend in IndonesiaDomestic PP and PE offers extended the falling trend in Indonesia |
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Indonesian buyers on the first trading day of the week reported having received fresh weekly PP and PE offers from a major local producer with large reductions on the back of the persistently sluggish demand condition.
The producer’s latest price list and changes compared to last week are shown in the following table:
|
Material |
Price List as of 25 Jan. 21 |
USD Equivalent |
W.O.W Changes |
USD Equivalent |
Term |
|
Combined and reported by CommoPlast |
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LL film |
IDR 16,970,000 |
$1,205 |
-IDR 450,000 |
-$32 |
FD Jabodetabek |
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mPE |
IDR 18,190,000 |
$1,292 |
-IDR 420,000 |
-$30 |
FD Jabodetabek |
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LL inj |
IDR 18,460,000 |
$1,311 |
-IDR 430,000 |
-$31 |
FD Jabodetabek |
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HD film |
IDR 17,250,000 |
$1,225 |
-IDR 370,000 |
-$26 |
FD Jabodetabek |
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HD yarn |
IDR 17,110,000 |
$1,215 |
-IDR 370,000 |
-$26 |
FD Jabodetabek |
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HD blow |
IDR 17,960,000 |
$1,275 |
-IDR 370,000 |
-$26 |
FD Jabodetabek |
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IPP (PP Film) |
IDR 20,150,000 |
$1,431 |
-IDR 750,000 |
-$53 |
FD Jabodetabek |
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PPH yarn |
IDR 19,800,000 |
$1,406 |
-IDR 750,000 |
-$53 |
FD Jabodetabek |
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PPH inj |
IDR 19,800,000 |
$1,406 |
-IDR 750,000 |
-$53 |
FD Jabodetabek |
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BOPP |
IDR 19,940,000 |
$1,416 |
-IDR 660,000 |
-$47 |
FD Jabodetabek |
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PP coating |
IDR 19,940,000 |
$1,416 |
-IDR 660,000 |
-$47 |
FD Jabodetabek |
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PP thermo |
IDR 20,300,000 |
$1,441 |
-IDR 680,000 |
-$48 |
FD Jabodetabek |
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PPRC |
IDR 22,450,000 |
$1,594 |
-IDR 680,000 |
-$48 |
FD Jabodetabek |
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PPBC |
IDR 21,570,000 |
$1,532 |
-IDR 380,000 |
-$27 |
FD Jabodetabek |
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*All prices are excluded of 10% VAT *Exchange Rate: USD 1 = IDR 14,083 |
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The price cuts are very much expected considering the lack of purchasing interest among local buyers. Sources said that customers have not been making replenishment since late December, causing tremendous sales pressure among local sellers.
Country
Indonesia
