Indonesian producer lifted local PP prices again, keep PE unchanged
Indonesian producer lifted local PP prices again, keep PE unchanged
A major local producer in Indonesia has once again lifted spot PP offers to the local market while maintaining PE prices unchanged from the previous price announcement citing the severe supply tightness for prompt cargoes.
The following table detail the latest PP and PE offers after the second price adjustment:
|
Material |
Price List as of 10 Mar. 21 |
USD Equivalent |
W.O.W Changes |
USD Equivalent |
Term |
|
Combined and reported by CommoPlast |
|||||
|
LL film |
IDR 19,870,000 |
$1,387 |
- |
- |
FD Jabodetabek |
|
mPE |
IDR 22,320,000 |
$1,558 |
- |
- |
FD Jabodetabek |
|
LL inj |
IDR 21,230,000 |
$1,482 |
- |
- |
FD Jabodetabek |
|
HD film |
IDR 19,720,000 |
$1,376 |
- |
- |
FD Jabodetabek |
|
HD yarn |
IDR 19,720,000 |
$1,376 |
- |
- |
FD Jabodetabek |
|
HD blow |
IDR 19,580,000 |
$1,367 |
- |
- |
FD Jabodetabek |
|
IPP (PP Film) |
IDR 25,770,000 |
$1,799 |
+IDR 290,000 |
+$20 |
FD Jabodetabek |
|
PPH yarn |
IDR 25,050,000 |
$1,748 |
+IDR 290,000 |
+$20 |
FD Jabodetabek |
|
PPH inj |
IDR 25,050,000 |
$1,748 |
+IDR 290,000 |
+$20 |
FD Jabodetabek |
|
BOPP |
IDR 25,200,000 |
$1,759 |
- |
- |
FD Jabodetabek |
|
PP coating |
IDR 25,200,000 |
$1,759 |
- |
- |
FD Jabodetabek |
|
PP thermo |
IDR 25,480,000 |
$1,778 |
+IDR 280,000 |
+$20 |
FD Jabodetabek |
|
PPRC |
IDR 27,210,000 |
$1,899 |
- |
- |
FD Jabodetabek |
|
PPBC |
IDR 26,630,000 |
$1,859 |
+IDR 280,000 |
+$20 |
FD Jabodetabek |
|
*All prices are excluded of 10% VAT *Exchange Rate: USD 1 = IDR 14,321 |
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There have not been any major changes in terms of local demand as most buyers have made comfortable replenishment in the previous week while traders are offering locally held Chinese cargoes at well below price list levels.