Search posts by:

Search posts by:

Newsletter successfully sent
Failed to send newletter

NewsSSESSMENTS: Indonesian Trader Adjusted Local PP Offers, Deals Remain Scarce

Author: SSESSMENTS

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

OriginProductTransaction TypeOffers (IDR/ton)Equivalent in USD/ton
IndonesiaPP Homo InjectionOffer Given13,100,000-13,300,000856-869
VietnamPP Homo InjectionOffer Given13,100,000-13,300,000856-869
IndonesiaPP Homo RaffiaOffer Given13,100,000-13,300,000856-869
VietnamPP Homo RaffiaOffer Given13,100,000-13,300,000856-869

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)