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Indonesian producer announces weekly PP, PE offers to the local marketIndonesian producer announces weekly PP, PE offers to the local market |
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A major local producer in Indonesia has opened fresh weekly offers to domestic buyers with sharp increases on LLDPE cargoes, reflecting the limited supply condition in the import ground, while maintaining PP prices unchanged from 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 2 Aug. 21 |
USD Equivalent |
W.O.W Changes |
USD Equivalent |
Term |
|
Combined and reported by CommoPlast |
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|
LL film |
IDR 18,620,000 |
$1,291 |
+IDR 840,000 |
+$58 |
FD Jabodetabek |
|
mPE |
IDR 19,920,000 |
$1,381 |
-IDR 490,000 |
-$34 |
FD Jabodetabek |
|
LL inj |
IDR 19,640,000 |
$1,362 |
+IDR 840,000 |
+$58 |
FD Jabodetabek |
|
HD film |
IDR 17,750,000 |
$1,231 |
+IDR 110,000 |
+$8 |
FD Jabodetabek |
|
HD yarn |
IDR 17,750,000 |
$1,231 |
+IDR 110,000 |
+$8 |
FD Jabodetabek |
|
HD blow |
IDR 17,890,000 |
$1,240 |
+IDR 110,000 |
+$8 |
FD Jabodetabek |
|
IPP (PP Film) |
IDR 20,700,000 |
$1,435 |
- |
- |
FD Jabodetabek |
|
PPH yarn |
IDR 19,970,000 |
$1,385 |
- |
- |
FD Jabodetabek |
|
PPH inj |
IDR 19,970,000 |
$1,385 |
- |
- |
FD Jabodetabek |
|
BOPP |
IDR 20,550,000 |
$1,425 |
- |
- |
FD Jabodetabek |
|
PP coating |
IDR 20,550,000 |
$1,425 |
- |
- |
FD Jabodetabek |
|
PP thermo |
IDR 20,110,000 |
$1,394 |
- |
- |
FD Jabodetabek |
|
PPRC |
IDR 22,010,000 |
$1,526 |
- |
- |
FD Jabodetabek |
|
PPBC |
IDR 21,090,000 |
$1,462 |
+IDR 100,000 |
+$7 |
FD Jabodetabek |
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*All prices are excluded of 10% VAT *Exchange Rate: USD 1 = IDR 14,422 |
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There are limited changes in terms of demand conditions in Indonesia at the moment. Buyers are waiting for the announcement from the government pertaining to the potential extension of the lockdown, which would continue to restrain end product businesses.
“The market is very quiet. The producer might opt to export the cargoes because the near to medium-term outlook in the local ground remains bearish,” a buyer commented.
Country
Indonesia
