Indonesian producer rollovers PP, PE offers to local market
Indonesian producer rollovers PP, PE offers to local market
On the first trading day of the week, it is reported that a major Indonesian producer has announced fresh PP and PE offers to the local market at unchanged levels from last week.
The producer’s latest price list and changes are shown in the following table:
|
Material |
Price List as of 1 July 19 |
USD Equivalent |
W.O.W Changes |
USD Equivalent |
Term |
|
|
LL film |
IDR 15,620,000 |
$1,107 |
- |
- |
FD Jabodetabek, cash |
|
|
LL inj |
IDR 16,930,000 |
$1,199 |
- |
- |
FD Jabodetabek, cash |
|
|
HD film |
IDR 16,060,000 |
$1,138 |
- |
- |
FD Jabodetabek, cash |
|
|
HD yarn |
IDR 16,060,000 |
$1,138 |
- |
- |
FD Jabodetabek, cash |
|
|
IPP (PP Film) |
IDR 17,210,000 |
$1,219 |
- |
- |
FD Jabodetabek, cash |
|
|
PPH yarn |
IDR 16,780,000 |
$1,189 |
- |
- |
FD Jabodetabek, cash |
|
|
PPH inj |
IDR 16,780,000 |
$1,189 |
- |
- |
FD Jabodetabek, cash |
|
|
BOPP |
IDR 17,360,000 |
$1,230 |
- |
- |
FD Jabodetabek, cash |
|
|
PP coating |
IDR 17,360,000 |
$1,230 |
- |
- |
FD Jabodetabek, cash |
|
|
PP thermo |
IDR 17,210,000 |
$1,219 |
- |
- |
FD Jabodetabek, cash |
|
|
PPRC |
IDR 19,970,000 |
$1,415 |
- |
- |
FD Jabodetabek, cash |
|
|
PPBC |
IDR 17,650,000 |
$1,250 |
- |
- |
FD Jabodetabek, cash |
|
|
Exchange Rate: USD 1 = IDR 14,116 |
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Players believed that the local PP and PE market is gaining support from the international ground. However, the sustainability is the biggest question at the moment, source said, especially for PE cargoes given the low ethylene costs.