Local PP market continues to climb higher in Indonesia; PE holds largely stable
Local PP market continues to climb higher in Indonesia; PE holds largely stable
A major local producer in Indonesia has opened fresh weekly offers to the domestic market with additional increases on PP cargoes while maintaining PE prices mostly unchanged from the previous week. The latest price hike on PP cargoes marks the ninth week of continuous firming trend backed by supply tightness in this market.
The producer’s latest price list and changes compared to last week are shown in the following table:
|
Material |
Price List as of 26 Oct. 2020 |
USD Equivalent |
W.O.W Changes |
USD Equivalent |
Term |
|
Combined and reported by CommoPlast |
|||||
|
LL film |
IDR 15,420,000 |
$1,050 |
- |
- |
FD Jabodetabek |
|
mPE |
IDR 17,890,000 |
$1,218 |
+IDR 150,000 |
+$10 |
FD Jabodetabek |
|
LL inj |
IDR 16,690,000 |
$1,136 |
- |
- |
FD Jabodetabek |
|
HD film |
IDR 15,890,000 |
$1,082 |
- |
- |
FD Jabodetabek |
|
HD yarn |
IDR 15,890,000 |
$1,082 |
- |
- |
FD Jabodetabek |
|
HD blow |
IDR 15,780,000 |
$1,074 |
- |
- |
FD Jabodetabek |
|
IPP (PP Film) |
IDR 18,060,000 |
$1,230 |
+IDR 380,000 |
+$26 |
FD Jabodetabek |
|
PPH yarn |
IDR 17,460,000 |
$1,189 |
+IDR 230,000 |
+$16 |
FD Jabodetabek |
|
PPH inj |
IDR 17,460,000 |
$1,189 |
+IDR 230,000 |
+$16 |
FD Jabodetabek |
|
BOPP |
IDR 17,760,000 |
$1,209 |
+IDR 230,000 |
+$16 |
FD Jabodetabek |
|
PP coating |
IDR 17,760,000 |
$1,209 |
+IDR 230,000 |
+$16 |
FD Jabodetabek |
|
PP thermo |
IDR 17,830,000 |
$1,214 |
+IDR 220,000 |
+$15 |
FD Jabodetabek |
|
PPRC |
IDR 19,620,000 |
$1,336 |
+IDR 220,000 |
+$15 |
FD Jabodetabek |
|
PPBC |
IDR 17,700,000 |
$1,205 |
+IDR 230,000 |
+$16 |
FD Jabodetabek |
|
*All prices are excluded of 10% VAT *Exchange Rate: USD 1 = IDR 14,686 |
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