Local maker rollover PP, PE offers in Indonesia for third week in a row
Local maker rollover PP, PE offers in Indonesia for third week in a row
Indonesian buyers on the first trading day of the week received fresh weekly offers for PP and PE from a major local producer at unchanged levels compared to the previous price announcement. This is the third week in a row the maker maintains offers unchanged citing the appreciation of the Indonesian Rupiah against the US dollar.
The producer’s latest price list and changes are shown in the following table:
|
Material |
Price List as of 22 July 19 |
USD Equivalent |
W.O.W Changes |
USD Equivalent |
Term |
|
|
LL film |
IDR 15,620,000 |
$1,120 |
- |
- |
FD Jabodetabek, cash |
|
|
LL inj |
IDR 16,930,000 |
$1,214 |
- |
- |
FD Jabodetabek, cash |
|
|
HD film |
IDR 16,060,000 |
$1,152 |
- |
- |
FD Jabodetabek, cash |
|
|
HD yarn |
IDR 16,060,000 |
$1,152 |
- |
- |
FD Jabodetabek, cash |
|
|
IPP (PP Film) |
IDR 17,360,000 |
$1,245 |
- |
- |
FD Jabodetabek, cash |
|
|
PPH yarn |
IDR 16,920,000 |
$1,213 |
- |
- |
FD Jabodetabek, cash |
|
|
PPH inj |
IDR 16,920,000 |
$1,213 |
- |
- |
FD Jabodetabek, cash |
|
|
BOPP |
IDR 17,500,000 |
$1,255 |
- |
- |
FD Jabodetabek, cash |
|
|
PP coating |
IDR 17,500,000 |
$1,255 |
- |
- |
FD Jabodetabek, cash |
|
|
PP thermo |
IDR 17,360,000 |
$1,245 |
- |
- |
FD Jabodetabek, cash |
|
|
PPRC |
IDR 20,820,000 |
$1,493 |
- |
- |
FD Jabodetabek, cash |
|
|
PPBC |
IDR 17,650,000 |
$1,266 |
- |
- |
FD Jabodetabek, cash |
|
|
Exchange Rate: USD 1 = IDR 13,945 |
||||||
Meanwhile, players informed that offers in the distribution market have been hiking visibly in recent days, especially for homo-PP cargoes due to limited supply stemming from the shutdown at the producer’s plant.
“We also see buyers started replenishing HDPE film cargoes, and therefore, we lifted offers above the producer’s price list. Demand is coming back gradually. We hope purchasing interest would continue to improve in the near term,” a trader added.