Indonesian major lifted domestic PP and PE offers
Indonesian major lifted domestic PP and PE offers

It is reported that a major producer in Indonesia has up-adjusted price list for PP and PE to domestic buyers with additional increases after maintaining offers stable at the beginning of the week.
The producer’s latest price list and changes compared to last week are shown in the following table:
Material |
Price List as of 1 July 2020 |
USD Equivalent |
W.O.W Changes |
USD Equivalent |
Term |
Combined and reported by CommoPlast |
|||||
LL film |
IDR 13,820,000 |
$960 |
+IDR 280,000 |
+$19 |
FD Jabodetabek |
mPE |
IDR 16,010,000 |
$1,112 |
+IDR 280,000 |
+$19 |
FD Jabodetabek |
LL inj |
IDR 15,360,000 |
$1,067 |
+IDR 280,000 |
+$19 |
FD Jabodetabek |
HD film |
IDR 13,880,000 |
$964 |
+IDR 280,000 |
+$19 |
FD Jabodetabek |
HD yarn |
IDR 13,880,000 |
$964 |
+IDR 280,000 |
+$19 |
FD Jabodetabek |
HD blow |
IDR 13,740,000 |
$955 |
+IDR 290,000 |
+$20 |
FD Jabodetabek |
IPP (PP Film) |
IDR 16,190,000 |
$1,125 |
+IDR 290,000 |
+$20 |
FD Jabodetabek |
PPH yarn |
IDR 15,350,000 |
$1,067 |
+IDR 290,000 |
+$20 |
FD Jabodetabek |
PPH inj |
IDR 15,350,000 |
$1,067 |
+IDR 290,000 |
+$20 |
FD Jabodetabek |
BOPP |
IDR 16,040,000 |
$1,115 |
+IDR 280,000 |
+$19 |
FD Jabodetabek |
PP coating |
IDR 16,040,000 |
$1,115 |
+IDR 280,000 |
+$19 |
FD Jabodetabek |
PP thermo |
IDR 15,610,000 |
$1,085 |
+IDR 290,000 |
+$20 |
FD Jabodetabek |
PPRC |
IDR 17,810,000 |
$1,237 |
+IDR 280,000 |
+$19 |
FD Jabodetabek |
PPBC |
IDR 16,020,000 |
$1,113 |
+IDR 280,000 |
+$19 |
FD Jabodetabek |
*All prices are excluded of 10% VAT *Exchange Rate: USD 1 = IDR 14,392 |
Supply tightness, in addition to the resilient upstream costs and firming international market, continues to push domestic offers higher. However, traders are seeing softer purchasing interest as buyers are taking a step back to assess the market outlook before entering new replenishment.