Local PP, PE offers in Indonesia surged for the first time in two weeks
Local PP, PE offers in Indonesia surged for the first time in two weeks
It is reported that a major local producer in Indonesia has announced fresh PP and PE offers with increases for the first time in two weeks to domestic buyers on the first trading day of the week.
The producer’s latest price list and changes are shown in the following table:
|
Material |
Price List as of 29 July 19 |
USD Equivalent |
W.O.W Changes |
USD Equivalent |
Term |
|
|
LL film |
IDR 15,810,000 |
$1,129 |
IDR 190,000 |
$14 |
FD Jabodetabek, cash |
|
|
LL inj |
IDR 17,110,000 |
$1,222 |
IDR 180,000 |
$13 |
FD Jabodetabek, cash |
|
|
HD film |
IDR 16,110,000 |
$1,151 |
IDR 50,000 |
$4 |
FD Jabodetabek, cash |
|
|
HD yarn |
IDR 16,110,000 |
$1,151 |
IDR 50,000 |
$4 |
FD Jabodetabek, cash |
|
|
IPP (PP Film) |
IDR 17,550,000 |
$1,254 |
IDR 190,000 |
$14 |
FD Jabodetabek, cash |
|
|
PPH yarn |
IDR 17,250,000 |
$1,232 |
IDR 330,000 |
$24 |
FD Jabodetabek, cash |
|
|
PPH inj |
IDR 17,250,000 |
$1,232 |
IDR 330,000 |
$24 |
FD Jabodetabek, cash |
|
|
BOPP |
IDR 17,690,000 |
$1,264 |
IDR 190,000 |
$14 |
FD Jabodetabek, cash |
|
|
PP coating |
IDR 17,690,000 |
$1,264 |
IDR 190,000 |
$14 |
FD Jabodetabek, cash |
|
|
PP thermo |
IDR 17,690,000 |
$1,264 |
IDR 330,000 |
$24 |
FD Jabodetabek, cash |
|
|
PPRC |
IDR 20,450,000 |
$1,461 |
IDR 340,000 |
$24 |
FD Jabodetabek, cash |
|
|
PPBC |
IDR 17,840,000 |
$1,274 |
IDR 190,000 |
$14 |
FD Jabodetabek, cash |
|
|
Exchange Rate: USD 1 = IDR 14,000 |
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Sources commented that the increases are a reaction to the firming trend in the distribution market, which has been supported by the tightening supply condition.