Indonesian producer continues cutting local PP and PE offers
Indonesian producer continues cutting local PP and PE offers
HD Film LL C4 Film PPH Inj PPH Raf
Following a week of attempting to maintain local PP and PE offers stable, a major Indonesian producer decided to resume cutting prices on the back of weaning demand and cloudy near-term outlook.
The producer’s latest price list and changes are shown in the following table:
|
Material |
Price List as of 21 Oct. 19 |
USD Equivalent |
W.O.W Changes |
USD Equivalent |
Term |
|
Combined and reported by CommoPlast |
|||||
|
LL film |
IDR 14,070,000 |
$996 |
-IDR 280,000 |
-$20 |
FD Jabodetabek |
|
LL inj |
IDR 15,420,000 |
$1,092 |
-IDR 280,000 |
-$20 |
FD Jabodetabek |
|
HD film |
IDR 14,350,000 |
$1,016 |
-IDR 140,000 |
-$10 |
FD Jabodetabek |
|
HD yarn |
IDR 14,350,000 |
$1,016 |
-IDR 140,000 |
-$10 |
FD Jabodetabek |
|
HD blow |
IDR 14,350,000 |
$1,016 |
-IDR 150,000 |
-$11 |
FD Jabodetabek |
|
IPP (PP Film) |
IDR 17,550,000 |
$1,242 |
-IDR 280,000 |
-$20 |
FD Jabodetabek |
|
PPH yarn |
IDR 16,970,000 |
$1,201 |
-IDR 290,000 |
-$21 |
FD Jabodetabek |
|
PPH inj |
IDR 16,970,000 |
$1,201 |
-IDR 290,000 |
-$21 |
FD Jabodetabek |
|
BOPP |
IDR 17,260,000 |
$1,222 |
-IDR 290,000 |
-$21 |
FD Jabodetabek |
|
PP coating |
IDR 17,260,000 |
$1,222 |
-IDR 290,000 |
-$21 |
FD Jabodetabek |
|
PP thermo |
IDR 17,400,000 |
$1,232 |
-IDR 290,000 |
-$21 |
FD Jabodetabek |
|
PPRC |
IDR 20,150,000 |
$1,427 |
-IDR 280,000 |
-$20 |
FD Jabodetabek |
|
PPBC |
IDR 17,130,000 |
$1,213 |
-IDR 140,000 |
-$10 |
FD Jabodetabek |
|
*All prices are excluded of 10% VAT *Exchange Rate: USD 1 = IDR 14,125 |
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Sources reported that sentiment has not shown any visible improvement over the past weeks and sellers in the distribution market have been offering very competitive offers to entice purchasing activities.