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Indonesian maker slashes local PP and PE offers on weak demandIndonesian maker slashes local PP and PE offers on weak demand |
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A major local producer in Indonesia has reportedly announced weekly PP and PE offers to domestic customers with moderate to large reductions on most of the grades on the back of diminishing demand ahead of the fasting month.
The following table detail the latest PP and PE offers after the second price adjustment:
|
Material |
Price List as of 12 Apr. 21 |
USD Equivalent |
W.O.W Changes |
USD Equivalent |
Term |
|
Combined and reported by CommoPlast |
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|
LL film |
IDR 20,820,000 |
$1,428 |
-IDR 290,000 |
-$20 |
FD Jabodetabek |
|
mPE |
IDR 25,910,000 |
$1,777 |
- |
- |
FD Jabodetabek |
|
LL inj |
IDR 21,610,000 |
$1,482 |
-IDR 300,000 |
-$21 |
FD Jabodetabek |
|
HD film |
IDR 20,800,000 |
$1,427 |
-IDR 300,000 |
-$21 |
FD Jabodetabek |
|
HD yarn |
IDR 20,810,000 |
$1,427 |
-IDR 290,000 |
-$20 |
FD Jabodetabek |
|
HD blow |
IDR 20,950,000 |
$1,437 |
-IDR 290,000 |
-$20 |
FD Jabodetabek |
|
IPP (PP Film) |
IDR 24,420,000 |
$1,675 |
-IDR 620,000 |
-$43 |
FD Jabodetabek |
|
PPH yarn |
IDR 23,680,000 |
$1,624 |
-IDR 640,000 |
-$44 |
FD Jabodetabek |
|
PPH inj |
IDR 23,680,000 |
$1,624 |
-IDR 640,000 |
-$44 |
FD Jabodetabek |
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BOPP |
IDR 24,180,000 |
$1,659 |
-IDR 290,000 |
-$20 |
FD Jabodetabek |
|
PP coating |
IDR 24,180,000 |
$1,659 |
-IDR 290,000 |
-$20 |
FD Jabodetabek |
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PP thermo |
IDR 23,840,000 |
$1,635 |
-IDR 920,000 |
-$63 |
FD Jabodetabek |
|
PPRC |
IDR 25,880,000 |
$1,775 |
-IDR 600,000 |
-$41 |
FD Jabodetabek |
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PPBC |
IDR 25,620,000 |
$1,757 |
-IDR 290,000 |
-$20 |
FD Jabodetabek |
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*All prices are excluded of 10% VAT *Exchange Rate: USD 1 = IDR 14,579 |
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Sources said that buyers remain reluctant to make purchases while expecting further reductions to emerge in the coming week. A couple of small-scale household product manufacturers have planned to shut down the entire month of May for holiday due to weak businesses.
Country
Indonesia
