An Indonesian trader informed SSESSMENTS.COM on the latest price adjustment for local PP cargoes from the company’s end. On a weekly comparison, offers for local and localized Vietnamese PP Homo Raffia and PP Homo Injection cargoes decreased between IDR300,000-500,000/ton ($20-33/ton). However, at the time of publication, no deals concluded yet as Indonesia PP market is quieter than last week. From the export market, the trader received inquiries for PP Homo Film from Chinese buyers on Monday, April 27. However, the trader could not accept the request as no cargoes are available due to the maintenance shutdown at the trader’s supplier.
Click below to view related stories and content on Indonesia PP:
NewsSSESSMENTS: Impact Of Large Scale Social Restrictions (PSBB) On Logistics In Indonesia
NewsSSESSMENTS: Largest Local Trading House In Indonesia Adjusted PE PP Offers, Import Offers Unavailable
NewsSSESSMENTS: Having Difficulties Selling In Domestic Market, Indonesian Trader Diverted PP Cargoes To China
WeeklySSESSMENTS: Indonesia PP Prices W/C April 27
Local PP offers on cash, FD Indonesia basis and excluding 10% VAT
Origin | Product | Transaction Type | Offers (IDR/ton) | Equivalent in USD/ton |
Indonesia | PP Homo Injection | Offer Given | 13,100,000-13,300,000 | 856-869 |
Vietnam | PP Homo Injection | Offer Given | 13,100,000-13,300,000 | 856-869 |
Indonesia | PP Homo Raffia | Offer Given | 13,100,000-13,300,000 | 856-869 |
Vietnam | PP Homo Raffia | Offer Given | 13,100,000-13,300,000 | 856-869 |
Tags: Asia Pacific,English,Indonesia,News,PP,SEA
Published on April 30, 2020 6:06 PM (GMT+8)
Last Updated on April 30, 2020 6:06 PM (GMT+8)