Major local maker announces new PP, PE offers in Indonesia
Major local maker announces new PP, PE offers in Indonesia
A major local producer in Indonesia has reportedly announced fresh PP and PE offers at a rather mixed trend. While there is a large reduction seen on HDPE yarn cargoes, HDPE film price is firming up.
The producer’s latest price list and changes are shown in the following table:
|
Material |
Price List as of 1 Apr. 19 |
USD Equivalent |
W.O.W Changes |
USD Equivalent |
Term |
|
|
LL film |
IDR 16,800,000 |
$1,182 |
- |
- |
FD Jabodetabek, cash |
|
|
LL inj |
IDR 18,090,000 |
$1,273 |
- |
- |
FD Jabodetabek, cash |
|
|
HD film |
IDR 17,580,000 |
$1,237 |
+IDR 210,000 |
+$15 |
FD Jabodetabek, cash |
|
|
HD yarn |
IDR 17,580,000 |
$1,237 |
-IDR 510,000 |
-$36 |
FD Jabodetabek, cash |
|
|
IPP (PP Film) |
IDR 18,300,000 |
$1,288 |
-IDR 80,000 |
-$6 |
FD Jabodetabek, cash |
|
|
PPH yarn |
IDR 17,720,000 |
$1,247 |
-IDR 80,000 |
-$6 |
FD Jabodetabek, cash |
|
|
PPH inj |
IDR 17,720,000 |
$1,247 |
-IDR 80,000 |
-$6 |
FD Jabodetabek, cash |
|
|
BOPP |
IDR 18,150,000 |
$1,277 |
-IDR 80,000 |
-$6 |
FD Jabodetabek, cash |
|
|
PP coating |
IDR 18,150,000 |
$1,277 |
-IDR 80,000 |
-$6 |
FD Jabodetabek, cash |
|
|
PP thermo |
IDR 18,150,000 |
$1,277 |
+IDR 200,000 |
+$14 |
FD Jabodetabek, cash |
|
|
PPRC |
IDR 21,130,000 |
$1,487 |
- |
- |
FD Jabodetabek, cash |
|
|
PPBC |
IDR 18,810,000 |
$1,323 |
- |
- |
FD Jabodetabek, cash |
|
|
Exchange Rate: USD 1 = IDR 14,213 |
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Demand condition in Indonesia is softening ahead of the General Election on 17 April 2019. Businesses are adopting a conservative stance and refrain from keeping too high inventories.