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NewsSSESSMENTS: Largest Local Trading House In Indonesia Adjusted PE PP Offers, Import Offers Unavailable


The largest local trading house in Indonesia shared with SSESSMENTS.COM on the latest adjustment for local and localized Southeast Asian PE, PP offers from the trader’s end. This week, offers for HDPE Blow Moulding moved up by IDR300,000/ton ($20/ton) following the healthy demand for this grade. In contrast, HDPE Film and LLDPE Film C4 offers dropped by IDR100,000/ton ($6/ton) and IDR600,000/ton ($39/ton), respectively. While for HDPE Injection, the offers declined by IDR300,000/ton ($20/ton). As for PP, offers for PP Homo Raffia and PP Homo Injection decreased by IDR500,000/ton ($33/ton). Likewise, offers for PP Homo Film decreased by IDR300,000/ton ($20/ton). All offers compared to last week’s levels.

In the import market, no fresh offers received by the trader. Demand-wise, overall PE and PP demand in Indonesia remains slow. The market is quieter as most businesses are not fully running amid Ramadhan (fasting month). The trader opined to SSESSMENTS.COM that demand would be even slower approaching Eid Al-Fitr.

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WeeklySSESSMENTS: Indonesia PP Prices W/C April 27

Local/localized PE, PP offers on cash, FD Indonesia basis and excluding 10% VAT

OriginProductTransaction TypeOffers (IDR/ton)Equivalent in USD/ton
IndonesiaHDPE Blow MouldingOffer Given12,600,000823
Southeast AsiaHDPE Blow MouldingOffer Given12,600,000823
IndonesiaHDPE FilmOffer Given12,100,000790
Southeast AsiaHDPE FilmOffer Given12,100,000790
IndonesiaHDPE InjectionOffer Given13,100,000856
Southeast AsiaHDPE InjectionOffer Given13,100,000856
Southeast AsiaLDPE FilmOffer Given15,100,000986
IndonesiaLLDPE Film C4Offer Given11,600,000758
Southeast AsiaLLDPE Film C4Offer Given11,600,000758
IndonesiaPP Homo FilmOffer Given14,000,000914
Southeast AsiaPP Homo FilmOffer Given14,000,000914
IndonesiaPP Homo InjectionOffer Given13,100,000856
Southeast AsiaPP Homo InjectionOffer Given13,100,000856
IndonesiaPP Homo RaffiaOffer Given13,100,000856
Southeast AsiaPP Homo RaffiaOffer Given13,100,000856

Tags: Asia Pacific,English,Indonesia,News,PE,PP,SEA

Published on April 30, 2020 3:42 PM (GMT+8)
Last Updated on April 30, 2020 3:42 PM (GMT+8)