CommoPlast Article

A key Indonesian producer has maintained weekly PP and PE offers at unchanged levels from the previous week as the demand shows little signs of improvement even though the government has eased lockdown measures slightly to allow more business sectors to resume operations.

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

Material	Price List as of 26 Jul. 21	USD Equivalent	W.O.W Changes	USD Equivalent	Term
*Combined and reported by CommoPlast*
LL film	IDR 17,780,000	$1,229	-	-	FD Jabodetabek
mPE	IDR 20,410,000	$1,411	-	-	FD Jabodetabek
LL inj	IDR 18,800,000	$1,300	-	-	FD Jabodetabek
HD film	IDR 17,640,000	$1,219	-	-	FD Jabodetabek
HD yarn	IDR 17,640,000	$1,219	-	-	FD Jabodetabek
HD blow	IDR 17,780,000	$1,229	-	-	FD Jabodetabek
IPP (PP Film)	IDR 20,700,000	$1,431	-	-	FD Jabodetabek
PPH yarn	IDR 19,970,000	$1,380	-	-	FD Jabodetabek
PPH inj	IDR 19,970,000	$1,380	-	-	FD Jabodetabek
BOPP	IDR 20,550,000	$1,420	-	-	FD Jabodetabek
PP coating	IDR 20,550,000	$1,420	-	-	FD Jabodetabek
PP thermo	IDR 20,110,000	$1,390	-	-	FD Jabodetabek
PPRC	IDR 22,010,000	$1,521	-	-	FD Jabodetabek
PPBC	IDR 20,990,000	$1,451	-	-	FD Jabodetabek
All prices are excluded of 10% VAT Exchange Rate: USD 1 = IDR 14,467

Manufacturers in the packaging sector are monitoring how quickly end-product buyers resume operation while holding a conservative stance and prefer to consume the on-hand inventories instead of making fresh purchases.

“Anyway, we are still running at 50% capacity due to lacking manpower. The market condition in Indonesia might not improve immediately,” a converter said.

Domestic maker maintains PP, PE offers stable in Indonesia