Indonesian producer continues slashing local PP, PE prices
Indonesian producer continues slashing local PP, PE prices
Indonesia players on the first trading day of the week reported having received fresh PP and PE offers from a major local producer with another round of reduction from the previous week.
The producer’s latest price list and changes are shown in the following table:
|
Material |
Price List as of 19 Aug 19 |
USD Equivalent |
W.O.W Changes |
USD Equivalent |
Term |
|
|
LL film |
IDR 15,670,000 |
$1,103 |
-IDR 140,000 |
-$10 |
FD Jabodetabek, cash |
|
|
LL inj |
IDR 16,970,000 |
$1,194 |
-IDR 140,000 |
-$10 |
FD Jabodetabek, cash |
|
|
HD film |
IDR 15,680,000 |
$1,103 |
-IDR 280,000 |
-$20 |
FD Jabodetabek, cash |
|
|
HD yarn |
IDR 15,680,000 |
$1,103 |
-IDR 280,000 |
-$20 |
FD Jabodetabek, cash |
|
|
IPP (PP Film) |
IDR 17,400,000 |
$1,224 |
-IDR 150,000 |
-$11 |
FD Jabodetabek, cash |
|
|
PPH yarn |
IDR 16,970,000 |
$1,194 |
-IDR 280,000 |
-$20 |
FD Jabodetabek, cash |
|
|
PPH inj |
IDR 16,970,000 |
$1,194 |
-IDR 280,000 |
-$20 |
FD Jabodetabek, cash |
|
|
BOPP |
IDR 17,330,000 |
$1,219 |
- |
- |
FD Jabodetabek, cash |
|
|
PP coating |
IDR 17,330,000 |
$1,219 |
- |
- |
FD Jabodetabek, cash |
|
|
PP thermo |
IDR 17,400,000 |
$1,224 |
-IDR 290,000 |
-$20 |
FD Jabodetabek, cash |
|
|
PPRC |
IDR 20,260,000 |
$1,426 |
-IDR 290,000 |
-$20 |
FD Jabodetabek, cash |
|
|
PPBC |
IDR 17,840,000 |
$1,255 |
- |
- |
FD Jabodetabek, cash |
|
|
Exchange Rate: USD 1 = IDR 14,212 |
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It is informed that fierce competition from the distribution market is one of the major factors contributing to the producer’s price decision. Meanwhile, buyers are conservative in making large purchases, fearing that further reduction might emerge in the coming days.