Indonesian producer lifted PP and PE offers in the domestic market
Indonesian producer lifted PP and PE offers in the domestic market
After maintaining spot PP and PE offers at the beginning of the week, a major local producer in Indonesia has lifted prices by $10/ton on all grades on the back of tighter availability and weaker Indonesian Rupiah against the US dollar.
The producer’s latest price list and changes compared to last week are shown in the following table:
|
Material |
Price List as of 3 Sept. 2020 |
USD Equivalent |
W.O.W Changes |
USD Equivalent |
Term |
|
Combined and reported by CommoPlast |
|||||
|
LL film |
IDR 14,180,000 |
$960 |
+IDR 150,000 |
+$10 |
FD Jabodetabek |
|
mPE |
IDR 17,090,000 |
$1,157 |
+IDR 150,000 |
+$10 |
FD Jabodetabek |
|
LL inj |
IDR 15,450,000 |
$1,046 |
+IDR 150,000 |
+$10 |
FD Jabodetabek |
|
HD film |
IDR 15,040,000 |
$1,018 |
+IDR 150,000 |
+$10 |
FD Jabodetabek |
|
HD yarn |
IDR 15,040,000 |
$1,018 |
+IDR 150,000 |
+$10 |
FD Jabodetabek |
|
HD blow |
IDR 15,110,000 |
$1,023 |
+IDR 150,000 |
+$10 |
FD Jabodetabek |
|
IPP (PP Film) |
IDR 15,450,000 |
$1,046 |
+IDR 150,000 |
+$10 |
FD Jabodetabek |
|
PPH yarn |
IDR 14,700,000 |
$995 |
+IDR 150,000 |
+$10 |
FD Jabodetabek |
|
PPH inj |
IDR 14,700,000 |
$995 |
+IDR 150,000 |
+$10 |
FD Jabodetabek |
|
BOPP |
IDR 15,150,000 |
$1,025 |
+IDR 150,000 |
+$10 |
FD Jabodetabek |
|
PP coating |
IDR 15,150,000 |
$1,025 |
+IDR 150,000 |
+$10 |
FD Jabodetabek |
|
PP thermo |
IDR 14,850,000 |
$1,005 |
+IDR 150,000 |
+$10 |
FD Jabodetabek |
|
PPRC |
IDR 17,310,000 |
$1,172 |
+IDR 150,000 |
+$10 |
FD Jabodetabek |
|
PPBC |
IDR 16,300,000 |
$1,103 |
+IDR 150,000 |
+$10 |
FD Jabodetabek |
|
*All prices are excluded of 10% VAT *Exchange Rate: USD 1 = IDR 14,775 |
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There have been reports that Indonesia customers have made comfortable replenishment over the past couple of weeks and tend to wait on the sideline at the current market levels. Sources become concerned over the sustainability of the current firming trend citing the lack of demand.