Local PP, PE offers in Indonesia mixed, thin trading activities
Local PP, PE offers in Indonesia mixed, thin trading activities
A major local producer in Indonesia has opened fresh weekly offers for PP and PE in Indonesia on a mixed note, with PP mostly track slightly firmer levels, indicating a potential stabilizing trend, following the international market.
The producer’s latest price list and changes compared to last week are shown in the following table:
|
Material |
Price List as of 31 May. 21 |
USD Equivalent |
W.O.W Changes |
USD Equivalent |
Term |
|
Combined and reported by CommoPlast |
|||||
|
LL film |
IDR 18,510,000 |
$1,295 |
+IDR 60,000 |
+$4 |
FD Jabodetabek |
|
mPE |
IDR 23,600,000 |
$1,651 |
-IDR 500,000 |
-$35 |
FD Jabodetabek |
|
LL inj |
IDR 19,260,000 |
$1,348 |
+IDR 70,000 |
+$5 |
FD Jabodetabek |
|
HD film |
IDR 18,800,000 |
$1,315 |
-IDR 370,000 |
-$26 |
FD Jabodetabek |
|
HD yarn |
IDR 18,800,000 |
$1,315 |
-IDR 370,000 |
-$26 |
FD Jabodetabek |
|
HD blow |
IDR 19,670,000 |
$1,376 |
-IDR 360,000 |
-$25 |
FD Jabodetabek |
|
IPP (PP Film) |
IDR 21,960,000 |
$1,536 |
+IDR 70,000 |
+$5 |
FD Jabodetabek |
|
PPH yarn |
IDR 21,520,000 |
$1,506 |
+IDR 70,000 |
+$5 |
FD Jabodetabek |
|
PPH inj |
IDR 21,520,000 |
$1,506 |
+IDR 70,000 |
+$5 |
FD Jabodetabek |
|
BOPP |
IDR 22,010,000 |
$1,540 |
+IDR 70,000 |
+$5 |
FD Jabodetabek |
|
PP coating |
IDR 22,010,000 |
$1,540 |
+IDR 70,000 |
+$5 |
FD Jabodetabek |
|
PP thermo |
IDR 21,670,000 |
$1,516 |
+IDR 70,000 |
+$5 |
FD Jabodetabek |
|
PPRC |
IDR 23,710,000 |
$1,659 |
+IDR 80,000 |
+$6 |
FD Jabodetabek |
|
PPBC |
IDR 22,880,000 |
$1,601 |
-IDR 210,000 |
-$15 |
FD Jabodetabek |
|
*All prices are excluded of 10% VAT *Exchange Rate: USD 1 = IDR 14,293 |
|||||
Trading activities remain limited during the early trading hours of the week. Buyers are concerned about the COVID-19 conditions in Malaysia and Vietnam, which could put the market under fresh downward pressure.
“In the meantime, local traders continue to offer discounts on deals, undermining the producer’s effort to firm up the prices. At the moment, we do not see any strong support for a rebound,” a market source commented.