CommoPlast

Indonesian producer maintains PP and PE offers unchanged in the local market

insight 08 Feb 2021

Indonesian producer maintains PP and PE offers unchanged in the local market


Indonesian players on the first trading day of the week reported having received a fresh price list for both PP and PE from a major local producer at unchanged levels compared to the previous week.

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

Material

Price List as of 8 Feb. 21

USD Equivalent

W.O.W Changes

USD Equivalent

Term

Combined and reported by CommoPlast

LL film

IDR 16,780,000

$1,198

-

-

FD Jabodetabek

mPE

IDR 18,400,000

$1,314

-

-

FD Jabodetabek

LL inj

IDR 18,240,000

$1,303

-

-

FD Jabodetabek

HD film

IDR 17,070,000

$1,219

-

-

FD Jabodetabek

HD yarn

IDR 16,920,000

$1,208

-

-

FD Jabodetabek

HD blow

IDR 17,790,000

$1,270

-

-

FD Jabodetabek

IPP (PP Film)

IDR 19,930,000

$1,423

-

-

FD Jabodetabek

PPH yarn

IDR 19,700,000

$1,407

-

-

FD Jabodetabek

PPH inj

IDR 19,700,000

$1,407

-

-

FD Jabodetabek

BOPP

IDR 19,840,000

$1,417

-

-

FD Jabodetabek

PP coating

IDR 19,840,000

$1,417

-

-

FD Jabodetabek

PP thermo

IDR 20,120,000

$1,437

-

-

FD Jabodetabek

PPRC

IDR 22,240,000

$1,588

-

-

FD Jabodetabek

PPBC

IDR 21,360,000

$1,525

-

-

FD Jabodetabek

*All prices are excluded of 10% VAT

*Exchange Rate: USD 1 = IDR 14,003

 

 

There have not been any major changes in terms of purchasing interest among Indonesian customers due to the persistently weak end product businesses. Buyers are waiting for local traders to announce new offers, which are expected to remain well below the official price list albeit stabilizing trend. 

Country
Indonesia