Domestic maker introduces additional cuts on PP, PE prices in Indonesia
Domestic maker introduces additional cuts on PP, PE prices in Indonesia
Local PP and PE market in Indonesia continue to move lower this week with a major local producer opens the new price list with a $10/ton reduction on most of the grades.
The producer’s latest price list and changes are shown in the following table:
|
Material |
Price List as of 2 Dec. 19 |
USD Equivalent |
W.O.W Changes |
USD Equivalent |
Term |
|
Combined and reported by CommoPlast |
|||||
|
LL film |
IDR 12,330,000 |
$874 |
-IDR 140,000 |
-$10 |
FD Jabodetabek |
|
LL inj |
IDR 13,600,000 |
$964 |
-IDR 140,000 |
-$10 |
FD Jabodetabek |
|
HD film |
IDR 13,010,000 |
$922 |
-IDR 140,000 |
-$10 |
FD Jabodetabek |
|
HD yarn |
IDR 13,010,000 |
$922 |
-IDR 140,000 |
-$10 |
FD Jabodetabek |
|
HD blow |
IDR 13,010,000 |
$922 |
-IDR 140,000 |
-$10 |
FD Jabodetabek |
|
IPP (PP Film) |
IDR 16,350,000 |
$1,159 |
- |
- |
FD Jabodetabek |
|
PPH yarn |
IDR 15,770,000 |
$1,118 |
-IDR 140,000 |
-$10 |
FD Jabodetabek |
|
PPH inj |
IDR 15,770,000 |
$1,118 |
-IDR 140,000 |
-$10 |
FD Jabodetabek |
|
BOPP |
IDR 16,210,000 |
$1,149 |
- |
- |
FD Jabodetabek |
|
PP coating |
IDR 16,210,000 |
$1,149 |
- |
- |
FD Jabodetabek |
|
PP thermo |
IDR 16,200,000 |
$1,148 |
-IDR 140,000 |
-$10 |
FD Jabodetabek |
|
PPRC |
IDR 18,950,000 |
$1,343 |
-IDR 140,000 |
-$10 |
FD Jabodetabek |
|
PPBC |
IDR 15,500,000 |
$1,099 |
-IDR 710,000 |
-$50 |
FD Jabodetabek |
|
*All prices are excluded of 10% VAT *Exchange Rate: USD 1 = IDR 14,109 |
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Purchasing interest remains sluggish as buyers anticipate a further reduction in the coming days as a result of continued improving local supply. Meanwhile, deals in the distribution market remain way below the price list at the moment.