quarterlyssessments-q2-2020-indonesia-pp-prices

Download PDF

Domestic PP prices were on a red note in April before finally found its momentum to shine afterwards
Persistent tight supply in June supported demand for PP resins
Some players hope the tight supply will continue to support demand and forestall prices from falling

According to SSESSMENTS.COM’s pricing database, Indonesia PP market began Q2 2020 with a red note. Local and localized PP prices in the country showed continuous decreases in April as market sentiment was bearish amid the implementation of large-scale social restrictions (Indonesian: Pembatasan Sosial Berskala Besar, abbreviated as PSBB) in some regencies and cities to curb the spread of coronavirus. Price list from the leading Indonesian polyolefins producer was only maintained stable at the beginning of April but then continued to drop for the rest of the month with a total reduction of between IDR1,280,000-1,520,000/ton ($88-105/ton) for PP Homopolymer grades, IDR1,580,000/ton ($109/ton) for PP Block Copolymer and between IDR1,240,000-1,290,000/ton ($86-89/ton) for PP Random Copolymer Injection. However, the considerable price reduction still failed to lure buyers; deals reported in late April for PP Homopolymer stumbled to IDR13,000,000/ton ($899/ton)-level from IDR15,000,000/ton ($1,037/ton)-level in early of the month. In line with the local price trend, offers for import cargoes also exhibited a downward trend. Import offers for Middle Eastern PP Homo Raffia dropped between $90-100/ton on monthly comparison available at $760-830/ton with deals mostly closed at $750-780/ton on LC at sight, CIF Indonesia Main Port basis. For Southeast Asian cargoes, import offers for PP Homopolymers grades dipped between $50-80/ton while PP Block Copolymer grades between $30-70/ton, all on a monthly basis.

Surprisingly, domestic PP prices found its momentum to move upward by the second week of May and persisted until the end of June as supply lent support. SSESSMENTS.COM database showed that by the final week of June, most offers for local and localized PP Homopolymer moved back to IDR15,000,000/ton ($1,037/ton)-threshold level following continuous increases of between IDR50,000-500,000/ton ($3.5-35/ton) week by week. A bit different from domestic PP offers, import offers still stuck at its lower records in May before finally moving upward in June. In May, import offers for Southeast Asian PP Homopolymer cargoes for June shipment edged down by $20/ton while PP Block Copolymer dropped significantly by $80/ton on month-on-month comparison. For Middle Eastern cargoes, there were not many offers available during May as most Middle Eastern suppliers preferred to release offers after the Eid Al-Fitr holiday around late May or early June. By June, offers for import PP Homopolymer cargoes were captured at and above $900/ton-level; moved higher gradually from $760-830/ton-level in April for dutiable cargoes, as supported by limited supply and firm feedstock prices. In this particular month, July shipment offers for Middle Eastern PP Homo Film cargoes went up by $40/ton on biweekly comparison, available at $990/ton on LC at sight, CIF Indonesia Main Port basis. Likewise, South Korean PP Block Copolymer cargoes were available at $100/ton higher than offers in May, stood at $950-960/ton on the same payment and delivery terms.

Overall, demand for PP resins in Indonesia was sluggish during the first two months of Q2 2020 due to low purchasing power amid coronavirus pandemic. As SSESSMENTS.COM noted, in April-May, several big cities in Indonesia were under lockdowns as the country tightened its belt to fight the lethal virus, which in turn, led to bearish market sentiment. Moving to June, demand was gradually improving as the government eased its restrictions by implementing a “new normal” policy. Under this policy, businesses were allowed to reopen with several safety guidelines. On the supply front, the availability of PP cargoes in Indonesia was limited in June. The leading polyolefins producer had limited volume to offer due to needs to clear backlogs to China while the largest local trading house also intentionally maintained low stocks since April due to slow sales. As for foreign suppliers, Vietnamese PP producers preferred to move cargoes to China due to better netback. The easing restriction, along with tight supply, had supported demand for PP resins throughout June. Overall sales for PP resins improved compared to May as buyers anticipated further increases in prices onwards considering the firm feedstock and crude oil prices. In the production sector, Polytama Propindo resumed its 300,000 tons/year PP plant on April 22 after previously shut on March 29 due to turnaround maintenance at its propylene supplier, Pertamina.

Looking into Q3 2020, market players contacted by SSESSMENTS.COM shared a different view. Some believe the limited supply coupled with firm crude oil and feedstock prices would continue to support local and import PP prices to remain firm as well as stimulate buyers to purchase materials. Meanwhile, some remain unsure of the market outlook, citing the continuous spike in coronavirus cases might lead to another round of lockdown and negatively affect buying sentiment.

Transactions for local/localized PP in April on FD Indonesia basis, all excluding 10% VAT

Origin	Product	Transaction Type	Offers (IDR/ton)	Equivalent in USD/ton	Payment Term
Indonesia	PP Block Copolymer	Offer Given	15,000,000	1,037	Cash In Advance
Indonesia	PP Block Copolymer	Price List	14,950,000-16,530,000	1,034-1,143	Cash In Advance
South Korea	PP Block Copolymer	Offer Received	18,300,000	1,266	60 Days Credit Term
Indonesia	PP Homo Film	Offer Given	13,620,000-15,300,000	942-1,058	Cash In Advance
Indonesia	PP Homo Film	Offer Given	14,300,000-14,700,000	989-1,017	15 Days Credit Term
Indonesia	PP Homo Film	Offer Received	14,385,000-15,640,000	995-1,082	Cash In Advance
Indonesia	PP Homo Film	Offer Received	14,200,000-15,000,000	982-1,037	15 Days Credit Term
Indonesia	PP Homo Film	Offer Received	13,900,000-15,660,000	961-1,083	30 Days Credit Term
Indonesia	PP Homo Film	Price List	14,380,000-15,660,000	995-1,083	Cash In Advance
Indonesia	PP Homo Film	Purchased	15,640,000	1,082	Cash In Advance
Indonesia	PP Homo Film	Purchased	14,910,000	1,031	30 Days Credit Term
Indonesia	PP Homo Film	Sold	13,600,000-15,000,000	941-1,037	Cash In Advance
Malaysia	PP Homo Film	Offer Received	14,300,000	989	15 Days Credit Term
Malaysia	PP Homo Film	Offer Received	14,000,000-15,850,000	968-1,096	30 Days Credit Term
Malaysia	PP Homo Film	Purchased	14,800,000	1,024	25 Days Credit Term
Southeast Asia	PP Homo Film	Offer Given	14,000,000-15,300,000	968-1,058	Cash In Advance
Southeast Asia	PP Homo Film	Offer Given	14,300,000	989	15 Days Credit Term
Thailand	PP Homo Film	Offer Received	14,010,000	969	Cash In Advance
Thailand	PP Homo Film	Offer Received	14,130,000-15,000,000	977-1,037	15 Days Credit Term
Indonesia	PP Homo Injection	Bid Received	12,600,000	871	Cash In Advance
Indonesia	PP Homo Injection	Offer Given	13,000,000-14,900,000	899-1,031	Cash In Advance
Indonesia	PP Homo Injection	Offer Given	13,500,000-13,600,000	934-941	15 Days Credit Term
Indonesia	PP Homo Injection	Offer Given	13,500,000-14,800,000	934-1,024	30 Days Credit Term
Indonesia	PP Homo Injection	Offer Received	12,200,000-15,000,000	844-1,037	Cash In Advance
Indonesia	PP Homo Injection	Offer Received	13,500,000-15,000,000	934-1,037	30 Days Credit Term
Indonesia	PP Homo Injection	Offer Received	13,500,000-14,980,000	934-1,036	60 Days Credit Term
Indonesia	PP Homo Injection	Offer Received	13,700,000	948	90 Days Credit Term
Indonesia	PP Homo Injection	Price List	13,480,000-17,180,000	932-1,188	Cash In Advance
Indonesia	PP Homo Injection	Purchased	15,000,000	1,037	Cash In Advance
Indonesia	PP Homo Injection	Purchased	14,100,000-15,000,000	975-1,037	30 Days Credit Term
Indonesia	PP Homo Injection	Sold	13,100,000	906	Cash In Advance
Indonesia	PP Homo Injection	Sold	13,000,000-14,500,000	899-1,003	30 Days Credit Term
Malaysia	PP Homo Injection	Offer Received	14,800,000	1,024	30 Days Credit Term
Southeast Asia	PP Homo Injection	Offer Given	13,100,000-14,700,000	906-1,017	Cash In Advance
Southeast Asia	PP Homo Injection	Offer Given	13,600,000	941	15 Days Credit Term
Vietnam	PP Homo Injection	Buy Idea	12,900,000	892	30 Days Credit Term
Vietnam	PP Homo Injection	Offer Given	13,080,000-14,900,000	905-1,031	Cash In Advance
Vietnam	PP Homo Injection	Offer Received	13,100,000	906	30 Days Credit Term
Australia	PP Homo Raffia	Offer Received	13,200,000	913	Cash In Advance
Indonesia	PP Homo Raffia	Bid Received	12,600,000-13,300,000	871-920	Cash In Advance
Indonesia	PP Homo Raffia	Offer Given	13,000,000-15,000,000	899-1,037	Cash In Advance
Indonesia	PP Homo Raffia	Offer Given	13,500,000-13,750,000	934-951	15 Days Credit Term
Indonesia	PP Homo Raffia	Offer Given	13,500,000-15,000,000	934-1,037	30 Days Credit Term
Indonesia	PP Homo Raffia	Offer Received	12,200,000-14,200,000	844-982	Cash In Advance
Indonesia	PP Homo Raffia	Offer Received	13,480,000-15,200,000	932-1,051	30 Days Credit Term
Indonesia	PP Homo Raffia	Price List	13,480,000-15,000,000	932-1,037	Cash In Advance
Indonesia	PP Homo Raffia	Purchased	13,250,000	916	Cash In Advance
Indonesia	PP Homo Raffia	Purchased	13,200,000	913	30 Days Credit Term
Indonesia	PP Homo Raffia	Sold	13,200,000-15,000,000	913-1,037	Cash In Advance
Indonesia	PP Homo Raffia	Sold	13,000,000-14,500,000	899-1,003	30 Days Credit Term
Southeast Asia	PP Homo Raffia	Bid Given	12,900,000	892	Cash In Advance
Southeast Asia	PP Homo Raffia	Buy Idea	12,000,000-13,400,000	830-927	Cash In Advance
Southeast Asia	PP Homo Raffia	Buy Idea	12,800,000-13,100,000	885-906	30 Days Credit Term
Southeast Asia	PP Homo Raffia	Offer Given	13,100,000-14,700,000	906-1,017	Cash In Advance
Southeast Asia	PP Homo Raffia	Offer Given	13,600,000	941	15 Days Credit Term
Southeast Asia	PP Homo Raffia	Offer Received	12,600,000-13,800,000	871-954	Cash In Advance
Southeast Asia	PP Homo Raffia	Offer Received	13,000,000-14,650,000	899-1,013	30 Days Credit Term
Southeast Asia	PP Homo Raffia	Purchased	13,000,000	899	Cash In Advance
Southeast Asia	PP Homo Raffia	Purchased	13,100,000	906	30 Days Credit Term
Vietnam	PP Homo Raffia	Offer Given	13,080,000-15,000,000	905-1,037	Cash In Advance
Vietnam	PP Homo Raffia	Sold	13,400,000-14,740,000	927-1,019	Cash In Advance
Indonesia	PP Random Copolymer Injection	Price List	16,090,000-17,820,000	1,113-1,232	Cash In Advance

Transactions for import PP in April on LC at sight, CIF/CFR Indonesia Main Port basis

Origin	Product	Transaction Type	Offers (USD/ton)
Far East Asia	PP Block Copolymer	Offer Given	800-950
Far East Asia	PP Block Copolymer	Purchased	800
Far East Asia	PP Block Copolymer	Sell Idea	930
Far East Asia	PP Block Copolymer	Sold	800-900
Middle East	PP Block Copolymer	Offer Received	870
Southeast Asia	PP Block Copolymer	Offer Given	930-980
Southeast Asia	PP Block Copolymer	Offer Received	970-1,060
Southeast Asia	PP Block Copolymer	Price List	920
Southeast Asia	PP Block Copolymer	Purchased	950
Middle East	PP Homo Film	Bid Given	700
Middle East	PP Homo Film	Offer Received	840
Middle East	PP Homo Film	Purchased	765
Southeast Asia	PP Homo Film	Bid Given	770
Southeast Asia	PP Homo Film	Offer Received	750-830
Southeast Asia	PP Homo Film	Price List	900
Southeast Asia	PP Homo Film	Purchased	750
Far East Asia	PP Homo Injection	Offer Given	760-800
Far East Asia	PP Homo Injection	Purchased	740
Indian Subcontinent	PP Homo Injection	Offer Given	800
Indian Subcontinent	PP Homo Injection	Offer Received	760
Middle East	PP Homo Injection	Offer Given	780
Middle East	PP Homo Injection	Offer Received	760
Middle East	PP Homo Injection	Sell Idea	800
Middle East	PP Homo Injection	Sold	760-770
Southeast Asia	PP Homo Injection	Offer Given	760-920
Southeast Asia	PP Homo Injection	Price List	870
Southeast Asia	PP Homo Injection	Purchased	740
Far East Asia	PP Homo Raffia	Offer Given	760-870
Far East Asia	PP Homo Raffia	Offer Received	790-810
Far East Asia	PP Homo Raffia	Purchased	740
Indian Subcontinent	PP Homo Raffia	Offer Given	760-800
Middle East	PP Homo Raffia	Bid Received	750
Middle East	PP Homo Raffia	Offer Given	780-830
Middle East	PP Homo Raffia	Offer Received	760-830
Middle East	PP Homo Raffia	Purchased	750
Middle East	PP Homo Raffia	Sell Idea	800
Middle East	PP Homo Raffia	Sold	760-780
Southeast Asia	PP Homo Raffia	Offer Given	760-920
Southeast Asia	PP Homo Raffia	Offer Received	740-870
Southeast Asia	PP Homo Raffia	Price List	870
Southeast Asia	PP Homo Raffia	Purchased	740-870
Southeast Asia	PP Random Copolymer Blow	Price List	1,060
Middle East	PP Random Copolymer Injection	Offer Received	1,000
Middle East	PP Random Copolymer Injection	Purchased	1,000
Southeast Asia	PP Random Copolymer Injection	Price List	1,010
Southeast Asia	PP Random Lamination	Price List	1,010

Transactions for local/localized PP in May on FD Indonesia basis, all excluding 10% VAT

Origin	Product	Transaction Type	Offers (IDR/ton)	Equivalent in USD/ton	Payment Term
Indonesia	PP Block Copolymer	Offer Given	14,600,000	1,010	Cash In Advance
Indonesia	PP Block Copolymer	Price List	14,480,000-14,630,000	1,001-1,012	Cash In Advance
Indonesia	PP Homo Film	Offer Given	13,600,000-14,900,000	941-1,031	Cash In Advance
Indonesia	PP Homo Film	Offer Given	14,000,000-14,300,000	968-989	14 Days Credit Term
Indonesia	PP Homo Film	Offer Given	14,250,000-15,250,000	986-1,055	15 Days Credit Term
Indonesia	PP Homo Film	Offer Given	14,000,000-14,300,000	968-989	30 Days Credit Term
Indonesia	PP Homo Film	Offer Received	13,500,000-14,300,000	934-989	Cash In Advance
Indonesia	PP Homo Film	Offer Received	13,900,000-14,200,000	961-982	15 Days Credit Term
Indonesia	PP Homo Film	Offer Received	13,500,000-14,700,000	934-1,017	30 Days Credit Term
Indonesia	PP Homo Film	Price List	14,220,000-14,930,000	983-1,033	Cash In Advance
Indonesia	PP Homo Film	Purchased	14,730,000	1,019	Cash In Advance
Indonesia	PP Homo Film	Purchased	14,200,000	982	15 Days Credit Term
Indonesia	PP Homo Film	Sold	13,100,000-14,550,000	906-1,006	Cash In Advance
Malaysia	PP Homo Film	Offer Received	13,750,000	951	30 Days Credit Term
Southeast Asia	PP Homo Film	Offer Given	13,800,000-14,900,000	954-1,031	Cash In Advance
Southeast Asia	PP Homo Film	Offer Given	14,000,000-14,300,000	968-989	14 Days Credit Term
Southeast Asia	PP Homo Film	Offer Received	14,130,000-14,270,000	977-987	15 Days Credit Term
Southeast Asia	PP Homo Film	Purchased	13,400,000	927	30 Days Credit Term
Thailand	PP Homo Film	Offer Received	14,200,000-14,580,000	982-1,008	15 Days Credit Term
Thailand	PP Homo Film	Purchased	15,700,000	1,086	15 Days Credit Term
Indonesia	PP Homo Injection	Buy Idea	12,800,000	885	Cash In Advance
Indonesia	PP Homo Injection	Offer Given	12,900,000-14,200,000	892-982	Cash In Advance
Indonesia	PP Homo Injection	Offer Given	13,750,000	951	14 Days Credit Term
Indonesia	PP Homo Injection	Offer Given	13,350,000	923	15 Days Credit Term
Indonesia	PP Homo Injection	Offer Given	14,000,000-14,100,000	968-975	30 Days Credit Term
Indonesia	PP Homo Injection	Offer Received	12,500,000-13,300,000	865-920	Cash In Advance
Indonesia	PP Homo Injection	Offer Received	13,300,000-13,900,000	920-961	30 Days Credit Term
Indonesia	PP Homo Injection	Offer Received	13,450,000	930	90 Days Credit Term
Indonesia	PP Homo Injection	Price List	13,330,000-17,500,000	922-1,210	Cash In Advance
Indonesia	PP Homo Injection	Price List	13,330,000	922	30 Days Credit Term
Indonesia	PP Homo Injection	Purchased	13,330,000	922	90 Days Credit Term
Indonesia	PP Homo Injection	Sold	12,700,000	878	Cash In Advance
Indonesia	PP Homo Injection	Sold	12,700,000-13,800,000	878-954	30 Days Credit Term
Southeast Asia	PP Homo Injection	Offer Given	13,200,000-14,200,000	913-982	Cash In Advance
Southeast Asia	PP Homo Injection	Offer Given	13,750,000	951	14 Days Credit Term
Vietnam	PP Homo Injection	Offer Given	12,900,000-13,800,000	892-954	Cash In Advance
Vietnam	PP Homo Injection	Sold	12,900,000	892	Cash In Advance
Indonesia	PP Homo Raffia	Buy Idea	12,500,000-12,800,000	865-885	Cash In Advance
Indonesia	PP Homo Raffia	Offer Given	12,900,000-14,300,000	892-989	Cash In Advance
Indonesia	PP Homo Raffia	Offer Given	13,750,000	951	14 Days Credit Term
Indonesia	PP Homo Raffia	Offer Given	13,350,000-14,400,000	923-996	15 Days Credit Term
Indonesia	PP Homo Raffia	Offer Given	13,300,000-14,100,000	920-975	30 Days Credit Term
Indonesia	PP Homo Raffia	Offer Received	12,330,000-13,500,000	853-934	Cash In Advance
Indonesia	PP Homo Raffia	Offer Received	13,890,000	961	30 Days Credit Term
Indonesia	PP Homo Raffia	Price List	13,330,000-14,090,000	922-974	Cash In Advance
Indonesia	PP Homo Raffia	Purchased	13,600,000-13,700,000	941-948	Cash In Advance
Indonesia	PP Homo Raffia	Purchased	13,330,000	922	20 Days Credit Term
Indonesia	PP Homo Raffia	Sold	12,700,000-13,800,000	878-954	30 Days Credit Term
Malaysia	PP Homo Raffia	Offer Received	12,900,000	892	Cash In Advance
Southeast Asia	PP Homo Raffia	Buy Idea	12,000,000-13,500,000	830-934	Cash In Advance
Southeast Asia	PP Homo Raffia	Buy Idea	12,500,000	865	30 Days Credit Term
Southeast Asia	PP Homo Raffia	Offer Given	13,200,000-14,200,000	913-982	Cash In Advance
Southeast Asia	PP Homo Raffia	Offer Given	13,750,000	951	14 Days Credit Term
Southeast Asia	PP Homo Raffia	Offer Received	12,200,000-13,500,000	844-934	Cash In Advance
Southeast Asia	PP Homo Raffia	Offer Received	12,500,000-13,800,000	865-954	30 Days Credit Term
Southeast Asia	PP Homo Raffia	Purchased	12,300,000-13,000,000	851-899	Cash In Advance
Vietnam	PP Homo Raffia	Offer Given	12,900,000-13,800,000	892-954	Cash In Advance
Vietnam	PP Homo Raffia	Offer Received	12,900,000	892	Cash In Advance
Vietnam	PP Homo Raffia	Sold	13,000,000	899	Cash In Advance
Indonesia	PP Random Copolymer Injection	Price List	15,910,000-17,030,000	1,100-1,178	Cash In Advance

Transactions for import PP in May on LC at sight, CIF Indonesia Main Port basis

Origin	Product	Transaction Type	Offers (USD/ton)
Far East Asia	PP Block Copolymer	Offer Given	860-930
Southeast Asia	PP Block Copolymer	Offer Given	850-900
Southeast Asia	PP Block Copolymer	Offer Received	900
Southeast Asia	PP Block Copolymer	Price List	900
Southeast Asia	PP Block Copolymer	Purchased	880
Southeast Asia	PP Block Copolymer	Sold	850
Middle East	PP Homo Film	Offer Received	765-840
Middle East	PP Homo Film	Purchased	745
Southeast Asia	PP Homo Film	Offer Given	900
Southeast Asia	PP Homo Film	Offer Received	810
Southeast Asia	PP Homo Film	Price List	880
Southeast Asia	PP Homo Film	Purchased	790
Southeast Asia	PP Homo Injection	Offer Given	900
Southeast Asia	PP Homo Injection	Offer Received	850
Southeast Asia	PP Homo Injection	Price List	850
Southeast Asia	PP Homo Injection	Purchased	850
Indian Subcontinent	PP Homo Raffia	Offer Given	820
Indian Subcontinent	PP Homo Raffia	Offer Received	800
Middle East	PP Homo Raffia	Buy Idea	740-800
Middle East	PP Homo Raffia	Offer Given	830-890
Middle East	PP Homo Raffia	Offer Received	800-830
Middle East	PP Homo Raffia	Purchased	780
Middle East	PP Homo Raffia	Sell Idea	810
Middle East	PP Homo Raffia	Sold	800
Southeast Asia	PP Homo Raffia	Buy Idea	880
Southeast Asia	PP Homo Raffia	Offer Given	850-900
Southeast Asia	PP Homo Raffia	Offer Received	850
Southeast Asia	PP Homo Raffia	Price List	850
Southeast Asia	PP Homo Raffia	Sold	850
Southeast Asia	PP Random Copolymer Blow	Price List	1,040
Southeast Asia	PP Random Copolymer Injection	Price List	990
Southeast Asia	PP Random Lamination	Price List	990

Transactions for local/localized PP in June on FD Indonesia basis, all excluding 10% VAT

Origin	Product	Transaction Type	Offers (IDR/ton)	Equivalent in USD/ton	Payment Term
Indonesia	PP Block Copolymer	Offer Given	15,800,000	1,093	Cash In Advance
Indonesia	PP Block Copolymer	Offer Received	15,000,000	1,037	Cash In Advance
Indonesia	PP Block Copolymer	Price List	15,000,000-15,740,000	1,037-1,089	Cash In Advance
Indonesia	PP Homo Film	Bid Received	14,100,000	975	Cash In Advance
Indonesia	PP Homo Film	Buy Idea	14,000,000	968	Cash In Advance
Indonesia	PP Homo Film	Offer Given	14,500,000-15,700,000	1,003-1,086	Cash In Advance
Indonesia	PP Homo Film	Offer Given	15,200,000-15,700,000	1,051-1,086	30 Days Credit Term
Indonesia	PP Homo Film	Offer Given	15,400,000-15,900,000	1,065-1,100	15 Days Credit Term
Indonesia	PP Homo Film	Offer Given	14,800,000-15,000,000	1,024-1,037	14 Days Credit Term
Indonesia	PP Homo Film	Offer Received	15,000,000-15,600,000	1,037-1,079	Cash In Advance
Indonesia	PP Homo Film	Offer Received	14,500,000-16,150,000	1,003-1,117	30 Days Credit Term
Indonesia	PP Homo Film	Offer Received	15,500,000-15,900,000	1,072-1,100	15 Days Credit Term
Indonesia	PP Homo Film	Price List	15,300,000-15,900,000	1,058-1,100	Cash In Advance
Indonesia	PP Homo Film	Purchased	15,640,000	1,082	Cash In Advance
Indonesia	PP Homo Film	Purchased	14,800,000	1,024	30 Days Credit Term
Malaysia	PP Homo Film	Offer Received	15,300,000-15,800,000	1,058-1,093	30 Days Credit Term
Southeast Asia	PP Homo Film	Bid Given	15,300,000	1,058	Cash In Advance
Southeast Asia	PP Homo Film	Offer Given	15,300,000	1,058	Cash In Advance
Southeast Asia	PP Homo Film	Offer Given	14,800,000-15,000,000	1,024-1,037	14 Days Credit Term
Southeast Asia	PP Homo Film	Offer Received	15,300,000-15,500,000	1,058-1,072	Cash In Advance
Southeast Asia	PP Homo Film	Purchased	15,300,000	1,058	30 Days Credit Term
Thailand	PP Homo Film	Offer Received	15,200,000-15,800,000	1,051-1,093	15 Days Credit Term
Thailand	PP Homo Film	Purchased	14,700,000	1,017	Cash In Advance
Thailand	PP Homo Film	Purchased	15,640,000	1,082	30 Days Credit Term
Thailand	PP Homo Film	Purchased	15,200,000-15,450,000	1,051-1,069	15 Days Credit Term
Indonesia	PP Homo Injection	Offer Given	14,100,000-15,500,000	975-1,072	Cash In Advance
Indonesia	PP Homo Injection	Offer Given	14,500,000-15,500,000	1,003-1,072	30 Days Credit Term
Indonesia	PP Homo Injection	Offer Given	14,600,000-15,000,000	1,010-1,037	15 Days Credit Term
Indonesia	PP Homo Injection	Offer Given	14,500,000	1,003	14 Days Credit Term
Indonesia	PP Homo Injection	Offer Received	14,300,000-15,200,000	989-1,051	Cash In Advance
Indonesia	PP Homo Injection	Offer Received	14,550,000-14,950,000	1,006-1,034	90 Days Credit Term
Indonesia	PP Homo Injection	Offer Received	14,600,000-15,100,000	1,010-1,044	30 Days Credit Term
Indonesia	PP Homo Injection	Price List	14,470,000-18,490,000	1,001-1,279	Cash In Advance
Indonesia	PP Homo Injection	Purchased	14,500,000	1,003	90 Days Credit Term
Indonesia	PP Homo Injection	Purchased	14,100,000-14,800,000	975-1,024	30 Days Credit Term
Indonesia	PP Homo Injection	Sold	14,000,000-14,200,000	968-982	Cash In Advance
Indonesia	PP Homo Injection	Sold	14,700,000-15,300,000	1,017-1,058	30 Days Credit Term
Southeast Asia	PP Homo Injection	Offer Given	14,500,000-14,700,000	1,003-1,017	Cash In Advance
Southeast Asia	PP Homo Injection	Offer Given	14,500,000	1,003	14 Days Credit Term
Vietnam	PP Homo Injection	Offer Given	14,200,000-14,400,000	982-996	Cash In Advance
Vietnam	PP Homo Injection	Purchased	14,200,000	982	30 Days Credit Term
Vietnam	PP Homo Injection	Sold	14,000,000	968	Cash In Advance
Vietnam	PP Homo Injection	Sold	14,050,000	972	30 Days Credit Term
Indonesia	PP Homo Raffia	Bid Given	14,200,000	982	Cash In Advance
Indonesia	PP Homo Raffia	Offer Given	14,100,000-15,500,000	975-1,072	Cash In Advance
Indonesia	PP Homo Raffia	Offer Given	14,500,000-15,500,000	1,003-1,072	30 Days Credit Term
Indonesia	PP Homo Raffia	Offer Given	14,600,000-15,000,000	1,010-1,037	15 Days Credit Term
Indonesia	PP Homo Raffia	Offer Given	14,500,000	1,003	14 Days Credit Term
Indonesia	PP Homo Raffia	Offer Received	13,900,000-15,200,000	961-1,051	Cash In Advance
Indonesia	PP Homo Raffia	Offer Received	14,000,000-14,800,000	968-1,024	30 Days Credit Term
Indonesia	PP Homo Raffia	Price List	14,470,000-15,060,000	1,001-1,042	Cash In Advance
Indonesia	PP Homo Raffia	Purchased	13,800,000-15,600,000	954-1,079	Cash In Advance
Indonesia	PP Homo Raffia	Purchased	14,000,000	968	14 Days Credit Term
Indonesia	PP Homo Raffia	Sold	14,200,000-14,400,000	982-996	Cash In Advance
Indonesia	PP Homo Raffia	Sold	14,700,000-15,300,000	1,017-1,058	30 Days Credit Term
Malaysia	PP Homo Raffia	Offer Received	14,600,000	1,010	30 Days Credit Term
Malaysia	PP Homo Raffia	Purchased	13,800,000	954	Cash In Advance
Malaysia	PP Homo Raffia	Purchased	14,600,000	1,010	30 Days Credit Term
Southeast Asia	PP Homo Raffia	Offer Given	14,500,000-14,700,000	1,003-1,017	Cash In Advance
Southeast Asia	PP Homo Raffia	Offer Given	14,500,000	1,003	14 Days Credit Term
Southeast Asia	PP Homo Raffia	Offer Received	13,800,000-14,800,000	954-1,024	Cash In Advance
Southeast Asia	PP Homo Raffia	Offer Received	14,300,000-15,200,000	989-1,051	30 Days Credit Term
Southeast Asia	PP Homo Raffia	Purchased	14,200,000	982	Cash In Advance
Vietnam	PP Homo Raffia	Offer Given	14,300,000-14,400,000	989-996	Cash In Advance
Indonesia	PP Random Copolymer Injection	Price List	16,920,000-17,990,000	1,170-1,244	Cash In Advance

Transactions for import PP in June on LC at sight, CIF/CFR Indonesia Main Port basis

Origin	Product	Transaction Type	Offers (USD/ton)
Far East Asia	PP Block Copolymer	Offer Given	950-1,000
Far East Asia	PP Block Copolymer	Offer Received	880-1,110
Far East Asia	PP Block Copolymer	Purchased	950-960
Southeast Asia	PP Block Copolymer	Offer Given	970-1,020
Southeast Asia	PP Block Copolymer	Price List	1,000
Southeast Asia	PP Block Copolymer	Sold	970
Far East Asia	PP Homo Film	Offer Received	950
Middle East	PP Homo Film	Bid Given	900
Middle East	PP Homo Film	Buy Idea	930-940
Middle East	PP Homo Film	Offer Received	830-990
Middle East	PP Homo Film	Purchased	820-830
Southeast Asia	PP Homo Film	Offer Given	950
Southeast Asia	PP Homo Film	Offer Received	920
Southeast Asia	PP Homo Film	Price List	1,010
Southeast Asia	PP Homo Film	Purchased	850-890
Far East Asia	PP Homo Injection	Offer Received	1,010
Southeast Asia	PP Homo Injection	Buy Idea	900-920
Southeast Asia	PP Homo Injection	Offer Given	950
Southeast Asia	PP Homo Injection	Offer Received	980-990
Southeast Asia	PP Homo Injection	Price List	980
Far East Asia	PP Homo Raffia	Offer Received	930
Indian Subcontinent	PP Homo Raffia	Offer Given	920-930
Indian Subcontinent	PP Homo Raffia	Offer Received	850-930
Middle East	PP Homo Raffia	Bid Received	900-920
Middle East	PP Homo Raffia	Buy Idea	900-930
Middle East	PP Homo Raffia	Offer Given	880-950
Middle East	PP Homo Raffia	Offer Received	810-980
Middle East	PP Homo Raffia	Purchased	870-930
Middle East	PP Homo Raffia	Sell Idea	930-940
Middle East	PP Homo Raffia	Sold	880-920
Southeast Asia	PP Homo Raffia	Bid Received	880
Southeast Asia	PP Homo Raffia	Buy Idea	900-920
Southeast Asia	PP Homo Raffia	Offer Given	950-1,030
Southeast Asia	PP Homo Raffia	Offer Received	940-1,000
Southeast Asia	PP Homo Raffia	Price List	980
Southeast Asia	PP Homo Raffia	Sold	900-1,010
Southern Africa	PP Homo Raffia	Bid Received	920
Southern Africa	PP Homo Raffia	Sell Idea	925
Southeast Asia	PP Random Copolymer Blow	Price List	1,130
Southeast Asia	PP Random Copolymer Injection	Price List	1,080
Southeast Asia	PP Random Lamination	Price List	1,080

Tags: Asia Pacific,English,Indonesia,PP,Quarterly,SEA

Published on July 7, 2020 12:54 PM (GMT+8)
Last Updated on September 18, 2020 7:18 PM (GMT+8)

QuarterlySSESSMENTS: Q2 2020 Indonesia PP Prices

Author: SSESSMENTS

QuarterlySSESSMENTS: Q2 2020 Indonesia PP Prices

Author: SSESSMENTS

Related posts

QuarterlySSESSMENTS: Q3 2020 Indonesia PP Prices...

NewsSSESSMENTS: Penawaran Untuk Kargo PP Impor Asal Filipina Tercatat Pada Level Yang Luar Biasa, Mengejar Kargo Asal Thailand...

NewsSSESSMENTS: Import Offers For Philippines PP Cargoes Captured At Remarkable Level, Catching Up With Thai Origin...

MonthlySSESSMENTS: June Indonesia PP Prices...

MonthlySSESSMENTS: May Indonesia PP Prices...

MonthlySSESSMENTS: April Indonesia PP Prices...

QuarterlySSESSMENTS: Q1 2020 Indonesia PP Prices...