monthlyssessments-june-indonesia-pe-prices

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Domestic and import PE offers mostly captured on the same trend during June
PE demand was considered healthy as supported by supply issue
Some players believe local and import PE prices will continue to soar

Based on SSESSMENTS.COM’s pricing database, Indonesia PE market continued to see domestic and import offers trending higher in June 2020 as supply shortage persisted. Week over week, local producers and traders set similar pricing strategies, except a few local traders who decided to lower offers on the week commencing June 15 citing slow sales. From local producers’ side, the leading polyolefins producer made total increment of between IDR990,000-1,020,000/ton ($69-71/ton) for HDPE Blow Moulding and HDPE Film, IDR1,350,000-1,370,000/ton ($94-95/ton) for LLDPE Film C4 and IDR650,000/ton ($45/ton) for mLLDPE C6. Another local producer only released PE offers once in June, on June 2. Compared to offers on May 11, the producer’s offers for HDPE and LLDPE grades increased significantly by IDR1,100,000/ton ($76/ton). Via traders, week over week changes on local and localized PE cargoes across all grades ranging between IDR100,000-900,000/ton ($7-62/ton). The remarkable increase of IDR900,000/ton ($62/ton) was recorded on local LLDPE Film C4 offers by the week commencing June 22. In this particular week, local supply for LLDPE Film C4 was the tightest among other PE grades due to an unexpected shutdown at leading polyolefins producer’s LLDPE plant which triggered traders to increase prices significantly.

In the import market, Thai cargoes posted a total increase of between $90-135/ton for HDPE Film, $20-50/ton for LDPE Film, $80-135/ton for LLDPE Film C4, and $20/ton for mLLDPE C6. For Singaporean cargoes, HDPE Blow Moulding offers surged by $100/ton on a monthly comparison. Likewise, July shipment offers from a Saudi PE producer were adjusted upward by $100/ton for HDPE Film and $90/ton for LLDPE Film C4 as compared to June shipment offers, both products available via a global trading house at $850/ton. For North American cargoes, SSESSMENTS.COM’s pricing database showed that deals for US LLDPE Film C4 available at Port Klang, Malaysia captured at $900/ton in late June, between $70-80/ton higher compared to deals on the week commencing June 8. All offers on LC at sight, CIF Indonesia Main Port basis. Overall, buyers’ responses towards price increases were considered quite good as sellers were still able to close some deals at initial offer levels or slightly below. Still, some buyers showed resistance towards high offers and preferred to take small volume.

Compared to May, Indonesia’s PE demand in June was considered healthy. Week by week, demand for PE resins reportedly improved as converters gained confidence to purchase raw materials since end-buyers started to place orders for finished products following “new normal” policy. Finished product demand, such as single-use plastic bags and fashion bags was healthy, while demand for hygiene and health-related products remained steady in good shape amid coronavirus pandemic. Per week commencing June 22, most converters in Indonesia had started to run at maximum capacity, market sources told SSESSMENTS.COM. Throughout June, supply for PE in the Indonesia market remained tight. The leading polyolefins producer in the country had no spot offers due to limited supply and needed to clear backlogs. PE supply from regional producers, such as Thailand was also tight. In the production sector, LLDPE plant of the leading Indonesian polyolefins producer experienced an unplanned shutdown twice in June; in early June and on June 22. The plant with a nameplate capacity of 400,000 tons/year produces LLDPE Film C4 and LLDPE Roto 3840. By July 1 morning, the plant reportedly had resumed operation but still cannot produce prime grade.

Looking into July, some players are unsure of the pricing and demand outlook as coronavirus issues linger. The number of confirmed COVID-19 cases in Indonesia continues to rise after the implementation of the “new normal” policy. As SSESSMENTS.COM noted, the number of new infections in Indonesia consistently increased by more than 1,000 cases per day since June 23, making a total of 57,770 cases and has claimed the lives of 2,934 people as of July 1. However, some still believe that local and import PE prices will continue to soar, taking into account the firm crude oil and feedstock prices, coupled with tightness in supply.

<ul><li class="ql-align-justify">Domestic and import PE offers mostly captured on the same trend during June</li><li class="ql-align-justify">PE demand was considered healthy as supported by supply issue</li><li class="ql-align-justify">Some players believe local and import PE prices will continue to soar</li></ul>Based on <a href="https://www.ssessments.com/" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">SSESSMENTS.COM</a>’s pricing database, Indonesia PE market continued to see domestic and import offers trending higher in June 2020 as supply shortage persisted. Week over week, local producers and traders set similar pricing strategies, except a few local traders who decided to lower offers on the week commencing June 15 citing slow sales. From local producers’ side, the leading polyolefins producer made total increment of between IDR990,000-1,020,000/ton ($69-71/ton) for HDPE Blow Moulding and HDPE Film, IDR1,350,000-1,370,000/ton ($94-95/ton) for LLDPE Film C4 and IDR650,000/ton ($45/ton) for mLLDPE C6. Another local producer only released PE offers once in June, on June 2. Compared to offers on May 11, the producer’s offers for HDPE and LLDPE grades increased significantly by IDR1,100,000/ton ($76/ton). Via traders, week over week changes on local and localized PE cargoes across all grades ranging between IDR100,000-900,000/ton ($7-62/ton). The remarkable increase of IDR900,000/ton ($62/ton) was recorded on local LLDPE Film C4 offers by the week commencing June 22. In this particular week, local supply for LLDPE Film C4 was the tightest among other PE grades due to an unexpected shutdown at leading polyolefins producer’s LLDPE plant which triggered traders to increase prices significantly.In the import market, Thai cargoes posted a total increase of between $90-135/ton for HDPE Film, $20-50/ton for LDPE Film, $80-135/ton for LLDPE Film C4, and $20/ton for mLLDPE C6. For Singaporean cargoes, HDPE Blow Moulding offers surged by $100/ton on a monthly comparison. Likewise, July shipment offers from a Saudi PE producer were adjusted upward by $100/ton for HDPE Film and $90/ton for LLDPE Film C4 as compared to June shipment offers, both products available via a global trading house at $850/ton. For North American cargoes, <a href="https://www.ssessments.com/" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">SSESSMENTS.COM</a>’s pricing database showed that deals for US LLDPE Film C4 available at Port Klang, Malaysia captured at $900/ton in late June, between $70-80/ton higher compared to deals on the week commencing June 8. All offers on LC at sight, CIF Indonesia Main Port basis. Overall, buyers’ responses towards price increases were considered quite good as sellers were still able to close some deals at initial offer levels or slightly below. Still, some buyers showed resistance towards high offers and preferred to take small volume.Compared to May, Indonesia’s PE demand in June was considered healthy. Week by week, demand for PE resins reportedly improved as converters gained confidence to purchase raw materials since end-buyers started to place orders for finished products following “new normal” policy. Finished product demand, such as single-use plastic bags and fashion bags was healthy, while demand for hygiene and health-related products remained steady in good shape amid coronavirus pandemic. Per week commencing June 22, most converters in Indonesia had started to run at maximum capacity, market sources told <a href="https://www.ssessments.com/" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">SSESSMENTS.COM</a>. Throughout June, supply for PE in the Indonesia market remained tight. The leading polyolefins producer in the country had no spot offers due to limited supply and needed to clear backlogs. PE supply from regional producers, such as Thailand was also tight. In the production sector, LLDPE plant of the leading Indonesian polyolefins producer experienced an unplanned shutdown twice in June; in early June and on June 22. The plant with a nameplate capacity of 400,000 tons/year produces LLDPE Film C4 and LLDPE Roto 3840. By July 1 morning, the plant reportedly had resumed operation but still cannot produce prime grade.Looking into July, some players are unsure of the pricing and demand outlook as coronavirus issues linger. The number of confirmed COVID-19 cases in Indonesia continues to rise after the implementation of the “new normal” policy. As <a href="https://www.ssessments.com/" rel="noopener noreferrer" target="_blank" style="background-color: transparent; color: rgb(17, 85, 204);">SSESSMENTS.COM</a> noted, the number of new infections in Indonesia consistently increased by more than 1,000 cases per day since June 23, making a total of 57,770 cases and has claimed the lives of 2,934 people as of July 1. However, some still believe that local and import PE prices will continue to soar, taking into account the firm crude oil and feedstock prices, coupled with tightness in supply.

Transactions for local/localized PE between June 1 to June 5 on FD Indonesia basis, all excluding 10% VAT

Origin	Product	Transaction Type	Offers (IDR/ton)	Equivalent in USD/ton	Payment Term
Indonesia	HDPE Blow Moulding	Offer Given	14,000,000	971	Cash In Advance
Indonesia	HDPE Blow Moulding	Price List	13,040,000-13,800,000	904-957	Cash In Advance
Indonesia	HDPE Blow Moulding	Purchased	13,800,000	957	30 Days Credit Term
Southeast Asia	HDPE Blow Moulding	Offer Given	14,000,000	971	Cash In Advance
Indonesia	HDPE Film	Offer Given	13,800,000	957	30 Days Credit Term
Indonesia	HDPE Film	Offer Given	13,800,000-14,000,000	957-971	Cash In Advance
Indonesia	HDPE Film	Offer Received	12,700,000-13,800,000	881-957	30 Days Credit Term
Indonesia	HDPE Film	Offer Received	12,880,000-13,800,000	893-957	Cash In Advance
Indonesia	HDPE Film	Price List	12,880,000-13,800,000	893-957	Cash In Advance
Indonesia	HDPE Film	Purchased	12,700,000	881	30 Days Credit Term
Indonesia	HDPE Film	Purchased	13,100,000	908	Cash In Advance
Southeast Asia	HDPE Film	Offer Given	14,000,000	971	Cash In Advance
Southeast Asia	HDPE Film	Offer Received	13,100,000-13,600,000	908-943	30 Days Credit Term
Southeast Asia	HDPE Film	Offer Received	12,750,000-13,600,000	884-943	Cash In Advance
Southeast Asia	HDPE Film	Purchased	12,550,000	870	30 Days Credit Term
Southeast Asia	HDPE Film	Purchased	12,750,000	884	Cash In Advance
Thailand	HDPE Film	Offer Given	12,800,000-12,900,000	888-894	Cash In Advance
Thailand	HDPE Film	Offer Received	12,400,000	860	Cash In Advance
Malaysia	LDPE Film	Offer Given	14,200,000	985	Cash In Advance
Malaysia	LDPE Film	Offer Received	13,900,000-14,150,000	964-981	30 Days Credit Term
Malaysia	LDPE Film	Purchased	13,700,000-14,700,000	950-1,019	30 Days Credit Term
Southeast Asia	LDPE Film	Offer Received	14,800,000	1,026	30 Days Credit Term
Southeast Asia	LDPE Film	Purchased	13,900,000	964	Cash In Advance
Thailand	LDPE Film	Offer Given	14,400,000	998	Cash In Advance
Thailand	LDPE Film	Sold	14,200,000	985	Cash In Advance
Canada	LLDPE Film C4	Offer Received	12,700,000	881	30 Days Credit Term
Canada	LLDPE Film C4	Purchased	12,700,000	881	30 Days Credit Term
Indonesia	LLDPE Film C4	Offer Given	13,800,000	957	30 Days Credit Term
Indonesia	LLDPE Film C4	Offer Given	13,700,000-14,000,000	950-971	Cash In Advance
Indonesia	LLDPE Film C4	Offer Received	12,700,000-13,800,000	881-957	30 Days Credit Term
Indonesia	LLDPE Film C4	Offer Received	12,730,000-13,800,000	883-957	Cash In Advance
Indonesia	LLDPE Film C4	Price List	12,760,000-14,000,000	885-971	Cash In Advance
Indonesia	LLDPE Film C4	Purchased	12,700,000	881	30 Days Credit Term
Indonesia	LLDPE Film C4	Purchased	13,000,000-13,300,000	901-922	Cash In Advance
Indonesia	LLDPE Film C4	Sold	14,200,000	985	Cash In Advance
Malaysia	LLDPE Film C4	Offer Received	13,150,000-13,400,000	912-929	30 Days Credit Term
Malaysia	LLDPE Film C4	Offer Received	13,300,000	922	Cash In Advance
Malaysia	LLDPE Film C4	Purchased	13,300,000	922	Cash In Advance
Southeast Asia	LLDPE Film C4	Offer Given	14,000,000	971	Cash In Advance
Southeast Asia	LLDPE Film C4	Offer Received	13,300,000-13,400,000	922-929	30 Days Credit Term
Southeast Asia	LLDPE Film C4	Offer Received	12,750,000-13,200,000	884-915	Cash In Advance
Southeast Asia	LLDPE Film C4	Purchased	12,550,000	870	30 Days Credit Term
Southeast Asia	LLDPE Film C4	Purchased	12,630,000	876	Cash In Advance
Thailand	LLDPE Film C4	Offer Given	12,500,000	867	Cash In Advance
Thailand	LLDPE Film C4	Offer Received	12,300,000-13,100,000	853-908	Cash In Advance
Indonesia	mLLDPE C6	Price List	15,380,000	1,066	Cash In Advance

Transactions for import PE between June 1 to June 5 on LC at sight, CIF Indonesia Main Port basis

Origin	Product	Transaction Type	Offers (USD/ton)
Thailand	HDPE Blow Moulding	Offer Given	800-810
Qatar	HDPE Film	Offer Given	780
Saudi	HDPE Film	Offer Given	770
Saudi	HDPE Film	Sold	750
Thailand	HDPE Film	Bid Given	830-840
Thailand	HDPE Film	Offer Given	800-810
Thailand	HDPE Film	Offer Received	850
Thailand	HDPE Film	Purchased	850
Thailand	HDPE Yarn	Offer Given	800-810
Qatar	LDPE Film	Offer Given	840-850
Thailand	LDPE Film	Offer Given	900
Thailand	LDPE Film	Offer Received	900-920
Qatar	LLDPE Film C4	Offer Given	770
Saudi	LLDPE Film C4	Offer Given	770
Saudi	LLDPE Film C4	Sold	750
Thailand	LLDPE Film C4	Offer Given	800-810
Thailand	LLDPE Film C4	Offer Received	780-800
USA	LLDPE Film C4	Offer Received	750-770
Singapore	mLLDPE C6	Offer Received	920
Thailand	mLLDPE C6	Offer Given	900
USA	mLLDPE C6	Offer Received	820
USA	mLLDPE C6	Purchased	820

Transactions for local/localized PE between June 8 to June 12 on FD Indonesia basis, all excluding 10% VAT

Origin	Product	Transaction Type	Currency	Offers/ton	Equivalent in USD/ton	Payment Term
Indonesia	HDPE Blow Moulding	Offer Given	IDR	13,750,000	953	14 Days Credit Term
Indonesia	HDPE Blow Moulding	Price List	IDR	13,170,000	913	Cash In Advance
Indonesia	HDPE Blow Moulding	Purchased	IDR	13,800,000	957	30 Days Credit Term
Southeast Asia	HDPE Blow Moulding	Offer Given	IDR	13,750,000	953	14 Days Credit Term
Southeast Asia	HDPE Blow Moulding	Offer Received	IDR	13,800,000	957	30 Days Credit Term
Indonesia	HDPE Film	Offer Given	IDR	13,750,000	953	14 Days Credit Term
Indonesia	HDPE Film	Offer Given	IDR	13,800,000-14,000,000	957-971	30 Days Credit Term
Indonesia	HDPE Film	Offer Received	IDR	13,500,000	936	30 Days Credit Term
Indonesia	HDPE Film	Offer Received	IDR	12,750,000-13,800,000	884-957	Cash In Advance
Indonesia	HDPE Film	Offer Received	USD	1,004	-	Cash In Advance
Indonesia	HDPE Film	Price List	IDR	13,010,000-13,310,000	902-923	Cash In Advance
Malaysia	HDPE Film	Purchased	IDR	13,100,000	908	30 Days Credit Term
Southeast Asia	HDPE Film	Offer Given	IDR	13,750,000	953	14 Days Credit Term
Southeast Asia	HDPE Film	Offer Received	IDR	13,400,000-13,950,000	929-967	30 Days Credit Term
Southeast Asia	HDPE Film	Offer Received	IDR	13,250,000-13,900,000	919-964	Cash In Advance
Southeast Asia	HDPE Film	Purchased	IDR	13,730,000	952	30 Days Credit Term
Thailand	HDPE Film	Offer Given	IDR	13,200,000-13,400,000	915-929	Cash In Advance
Thailand	HDPE Film	Purchased	IDR	13,700,000	950	30 Days Credit Term
Malaysia	LDPE Film	Offer Received	IDR	13,900,000-14,000,000	964-971	30 Days Credit Term
Malaysia	LDPE Film	Purchased	IDR	13,650,000	946	Cash In Advance
Southeast Asia	LDPE Film	Offer Given	IDR	13,900,000	964	14 Days Credit Term
Southeast Asia	LDPE Film	Offer Given	IDR	14,600,000	1,012	30 Days Credit Term
Southeast Asia	LDPE Film	Offer Received	USD	1,025	-	Cash In Advance
Thailand	LDPE Film	Offer Given	IDR	14,000,000	971	Cash In Advance
Thailand	LDPE Film	Sold	IDR	13,900,000	964	Cash In Advance
Indonesia	LLDPE Film C4	Offer Given	IDR	13,300,000	922	14 Days Credit Term
Indonesia	LLDPE Film C4	Offer Given	IDR	13,800,000-14,000,000	957-971	30 Days Credit Term
Indonesia	LLDPE Film C4	Offer Received	IDR	13,500,000-13,800,000	936-957	30 Days Credit Term
Indonesia	LLDPE Film C4	Offer Received	IDR	12,750,000-13,820,000	884-958	Cash In Advance
Indonesia	LLDPE Film C4	Offer Received	USD	994	-	Cash In Advance
Indonesia	LLDPE Film C4	Price List	IDR	12,900,000	894	Cash In Advance
Indonesia	LLDPE Film C4	Purchased	IDR	13,200,000	915	30 Days Credit Term
Malaysia	LLDPE Film C4	Offer Received	IDR	13,550,000	940	30 Days Credit Term
Southeast Asia	LLDPE Film C4	Offer Given	IDR	13,300,000	922	14 Days Credit Term
Southeast Asia	LLDPE Film C4	Offer Received	IDR	13,300,000-14,000,000	922-971	30 Days Credit Term
Southeast Asia	LLDPE Film C4	Offer Received	IDR	12,650,000-13,250,000	877-919	Cash In Advance
Southeast Asia	LLDPE Film C4	Purchased	IDR	13,730,000	952	30 Days Credit Term
Thailand	LLDPE Film C4	Offer Given	IDR	12,850,000-13,400,000	891-929	Cash In Advance
Indonesia	mLLDPE C6	Price List	IDR	14,990,000	1,039	Cash In Advance

Transactions for import PE between June 8 to June 12 on LC at sight, CIF Indonesia Main Port basis

Origin	Product	Transaction Type	Offers (USD/ton)
Southeast Asia	HDPE Blow Moulding	Offer Given	850-860
Southeast Asia	HDPE Blow Moulding	Offer Received	870
Middle East	HDPE Film	Offer Given	830-850
Middle East	HDPE Film	Offer Received	740-790
Middle East	HDPE Film	Purchased	740
Middle East	HDPE Film	Sold	820-830
Southeast Asia	HDPE Film	Offer Given	850-860
Southeast Asia	HDPE Film	Offer Received	820
Southeast Asia	HDPE Yarn	Offer Given	850-860
Middle East	LDPE Film	Offer Given	870-880
Middle East	LDPE Film	Offer Received	860-870
Middle East	LDPE Film	Purchased	865
Southeast Asia	LDPE Film	Offer Given	910-930
Southeast Asia	LDPE Film	Offer Received	960
Southeast Asia	LDPE Film	Purchased	920
Middle East	LLDPE Film C4	Offer Given	800
Middle East	LLDPE Film C4	Offer Received	770-840*
Middle East	LLDPE Film C4	Purchased	770-815
Middle East	LLDPE Film C4	Sold	820-830
North America	LLDPE Film C4	Buy Idea	775-780
North America	LLDPE Film C4	Offer Given	830
North America	LLDPE Film C4	Sold**	820-830
Southeast Asia	LLDPE Film C4	Offer Given	820-850
Southeast Asia	LLDPE Film C4	Offer Received	820-840
Southeast Asia	LLDPE Film C4	Sold	820

Description: *Shipment from Singapore **Shipment from PortKlang, Malaysia

Transactions for local/localized PE between June 15 to June 19 on FD Indonesia basis, all excluding 10% VAT

Origin	Product	Transaction Type	Offers (IDR/ton)	Equivalent in USD/ton	Payment Term
Indonesia	HDPE Blow Moulding	Offer Given	13,600,000	943	Cash In Advance
Indonesia	HDPE Blow Moulding	Offer Given	13,900,000-14,000,000	964-971	30 Days Credit Term
Indonesia	HDPE Blow Moulding	Offer Received	13,400,000	929	Cash In Advance
Indonesia	HDPE Blow Moulding	Offer Received	13,600,000	943	30 Days Credit Term
Indonesia	HDPE Blow Moulding	Price List	13,310,000	923	Cash In Advance
Indonesia	HDPE Blow Moulding	Purchased	13,800,000	957	30 Days Credit Term
Indonesia	HDPE Film	Offer Given	13,300,000-13,700,000	922-950	Cash In Advance
Indonesia	HDPE Film	Offer Given	13,800,000-14,000,000	957-971	30 Days Credit Term
Indonesia	HDPE Film	Offer Received	13,000,000	901	Cash In Advance
Indonesia	HDPE Film	Offer Received	13,500,000-14,300,000	936-992	30 Days Credit Term
Indonesia	HDPE Film	Price List	13,150,000-13,450,000	912-933	Cash In Advance
Indonesia	HDPE Film	Purchased	14,230,000	987	30 Days Credit Term
Malaysia	HDPE Film	Offer Received	13,370,000	927	Cash In Advance
Singapore	HDPE Film	Offer Received	14,000,000	971	30 Days Credit Term
Southeast Asia	HDPE Film	Offer Given	13,700,000	950	Cash In Advance
Southeast Asia	HDPE Film	Offer Received	13,900,000	964	Cash In Advance
Southeast Asia	HDPE Film	Offer Received	13,300,000-13,950,000	922-967	30 Days Credit Term
Southeast Asia	HDPE Film	Purchased	13,380,000	928	Cash In Advance
Thailand	HDPE Film	Offer Given	13,000,000	901	Cash In Advance
Thailand	HDPE Pipe Black (100)	Offer Received	14,000,000	971	Cash In Advance
Malaysia	LDPE Film	Offer Given	13,800,000	957	Cash In Advance
Malaysia	LDPE Film	Offer Received	13,750,000-14,000,000	953-971	30 Days Credit Term
Malaysia	LDPE Film	Purchased	13,600,000	943	Cash In Advance
Malaysia	LDPE Film	Purchased	13,600,000-14,000,000	943-971	30 Days Credit Term
Southeast Asia	LDPE Film	Offer Given	14,600,000	1,012	30 Days Credit Term
Thailand	LDPE Film	Offer Given	13,400,000-13,500,000	929-936	Cash In Advance
Thailand	LDPE Film	Purchased	13,900,000-14,000,000	964-971	Cash In Advance
Canada	LLDPE Film C4	Offer Received	14,100,000	978	30 Days Credit Term
Indonesia	LLDPE Film C4	Offer Given	13,300,000-13,500,000	922-936	Cash In Advance
Indonesia	LLDPE Film C4	Offer Given	13,800,000-14,000,000	957-971	30 Days Credit Term
Indonesia	LLDPE Film C4	Offer Received	13,000,000-13,200,000	901-915	Cash In Advance
Indonesia	LLDPE Film C4	Offer Received	13,000,000-13,800,000	901-957	30 Days Credit Term
Indonesia	LLDPE Film C4	Price List	13,040,000	904	Cash In Advance
Indonesia	LLDPE Film C4	Purchased	12,600,000-13,650,000	874-946	Cash In Advance
Indonesia	LLDPE Film C4	Sold	12,900,000	894	Cash In Advance
Malaysia	LLDPE Film C4	Offer Received	12,940,000-13,600,000	897-943	Cash In Advance
Malaysia	LLDPE Film C4	Offer Received	13,250,000-13,790,000	919-922	30 Days Credit Term
Malaysia	LLDPE Film C4	Purchased	13,600,000	943	Cash In Advance
Southeast Asia	LLDPE Film C4	Offer Given	13,500,000	936	Cash In Advance
Southeast Asia	LLDPE Film C4	Offer Received	12,900,000	894	Cash In Advance
Southeast Asia	LLDPE Film C4	Offer Received	13,600,000-13,950,000	943-967	30 Days Credit Term
Southeast Asia	LLDPE Film C4	Purchased	13,100,000	908	Cash In Advance
Thailand	LLDPE Film C4	Offer Given	13,000,000	901	Cash In Advance
Thailand	LLDPE Film C4	Offer Received	12,800,000-13,300,000	888-992	Cash In Advance
Indonesia	mLLDPE C6	Price List	14,990,000	1,039	Cash In Advance

Transactions for import PE between June 15 to June 19 on LC at sight, CIF Indonesia Main Port basis

Origin	Product	Transaction Type	Offers (USD/ton)
Southeast Asia	HDPE Blow Moulding	Offer Given	870
Southeast Asia	HDPE Blow Moulding	Price List	900
Far East Asia	HDPE Film	Offer Received	875
Middle East	HDPE Film	Bid Received	820-830
Middle East	HDPE Film	Buy Idea	790-850
Middle East	HDPE Film	Offer Given	860-870
Middle East	HDPE Film	Purchased	860
Middle East	HDPE Film	Sell Idea	840-850
Southeast Asia	HDPE Film	Bid Received	800-820
Southeast Asia	HDPE Film	Offer Given	870-910
Southeast Asia	HDPE Film	Offer Received	890-900
Southeast Asia	HDPE Film	Price List	900
Southeast Asia	HDPE Film	Sold	900
Southeast Asia	HDPE Yarn	Offer Given	870-890
Middle East	LDPE Film	Offer Given	890
Southeast Asia	LDPE Film	Bid Received	920
Southeast Asia	LDPE Film	Offer Given	910-970
Southeast Asia	LDPE Film	Price List	970
Middle East	LLDPE Film C4	Bid Received	800-820
Middle East	LLDPE Film C4	Buy Idea	790-800
Middle East	LLDPE Film C4	Offer Given	850-860
Middle East	LLDPE Film C4	Offer Received	780-820
Middle East	LLDPE Film C4	Purchased	790-800
Middle East	LLDPE Film C4	Sell Idea	840-850
Middle East	LLDPE Film C4	Sold	800-820
North America	LLDPE Film C4	Offer Given	830
North America	LLDPE Film C4	Offer Received	820
North America	LLDPE Film C4	Purchased*	800
North America	LLDPE Film C4	Sold*	830
Southeast Asia	LLDPE Film C4	Bid Given	800
Southeast Asia	LLDPE Film C4	Bid Received	800-820
Southeast Asia	LLDPE Film C4	Offer Given	860-890
Southeast Asia	LLDPE Film C4	Offer Received	830-900
Southeast Asia	LLDPE Film C4	Sell Idea	860-870
Southeast Asia	mLLDPE C6	Offer Given	900

Description: *Shipment from PortKlang, Malaysia

Transactions for local/localized PE between June 22 to June 26 on FD Indonesia basis, all excluding 10% VAT

Origin	Product	Transaction Type	Offers (IDR/ton)	Equivalent in USD/ton	Payment Term
Indonesia	HDPE Blow Moulding	Offer Given	14,300,000	992	Cash In Advance
Indonesia	HDPE Blow Moulding	Offer Given	13,800,000	957	30 Days Credit Term
Indonesia	HDPE Blow Moulding	Price List	13,450,000	933	Cash In Advance
Southeast Asia	HDPE Blow Moulding	Offer Given	14,300,000	992	Cash In Advance
Southeast Asia	HDPE Blow Moulding	Offer Received	14,000,000	971	30 Days Credit Term
Indonesia	HDPE Film	Offer Given	13,500,000-14,300,000	936-992	Cash In Advance
Indonesia	HDPE Film	Offer Given	13,800,000	957	30 Days Credit Term
Indonesia	HDPE Film	Offer Received	13,700,000	950	Cash In Advance
Indonesia	HDPE Film	Offer Received	13,460,000-14,100,000	933-978	30 Days Credit Term
Indonesia	HDPE Film	Price List	13,300,000-13,600,000	922-943	Cash In Advance
Indonesia	HDPE Film	Purchased	13,300,000-14,100,000	922-978	30 Days Credit Term
Malaysia	HDPE Film	Offer Received	13,800,000	957	Cash In Advance
Singapore	HDPE Film	Offer Received	14,100,000	978	30 Days Credit Term
Singapore	HDPE Film	Purchased	14,000,000-14,100,000	971-978	30 Days Credit Term
Southeast Asia	HDPE Film	Offer Given	13,200,000-14,300,000	915-992	Cash In Advance
Southeast Asia	HDPE Film	Offer Received	13,800,000-14,100,000	957-978	30 Days Credit Term
Thailand	HDPE Film	Offer Given	13,320,000	924	Cash In Advance
Malaysia	LDPE Film	Offer Given	14,000,000	971	Cash In Advance
Malaysia	LDPE Film	Offer Received	13,750,000	953	Cash In Advance
Malaysia	LDPE Film	Offer Received	13,700,000-14,100,000	950-978	30 Days Credit Term
Malaysia	LDPE Film	Purchased	13,600,000	943	Cash In Advance
Singapore	LDPE Film	Offer Received	14,300,000-14,350,000	992-995	30 Days Credit Term
Southeast Asia	LDPE Film	Offer Given	14,000,000	971	Cash In Advance
Southeast Asia	LDPE Film	Offer Received	14,000,000	971	30 Days Credit Term
Thailand	LDPE Film	Offer Given	13,400,000-14,250,000	929-988	Cash In Advance
Indonesia	LLDPE Film C4	Offer Given	14,000,000-14,300,000	971-992	Cash In Advance
Indonesia	LLDPE Film C4	Offer Given	13,800,000	957	30 Days Credit Term
Indonesia	LLDPE Film C4	Offer Received	13,700,000-13,800,000	950-957	Cash In Advance
Indonesia	LLDPE Film C4	Offer Received	13,410,000-14,150,000	930-981	30 Days Credit Term
Indonesia	LLDPE Film C4	Price List	13,540,000	939	Cash In Advance
Indonesia	LLDPE Film C4	Purchased	13,800,000	957	Cash In Advance
Indonesia	LLDPE Film C4	Purchased	13,800,000-14,090,000	957-977	30 Days Credit Term
Malaysia	LLDPE Film C4	Offer Received	13,800,000-14,200,000	957-985	Cash In Advance
Malaysia	LLDPE Film C4	Offer Received	13,400,000-14,100,000	929-978	30 Days Credit Term
Malaysia	LLDPE Film C4	Purchased	14,200,000	985	Cash In Advance
Malaysia	LLDPE Film C4	Purchased	13,400,000	929	30 Days Credit Term
Southeast Asia	LLDPE Film C4	Offer Given	13,300,000-14,300,000	922-992	Cash In Advance
Southeast Asia	LLDPE Film C4	Offer Received	13,500,000-13,600,000	936-943	Cash In Advance
Southeast Asia	LLDPE Film C4	Offer Received	14,000,000-14,300,000	971-992	30 Days Credit Term
Southeast Asia	LLDPE Film C4	Purchased	14,300,000	992	Cash In Advance
Thailand	LLDPE Film C4	Offer Given	13,600,000	943	Cash In Advance
Thailand	LLDPE Film C4	Offer Received	13,500,000	936	Cash In Advance
Thailand	LLDPE Film C4	Offer Received	13,400,000	929	30 Days Credit Term
Thailand	LLDPE Film C4	Purchased	13,400,000	929	30 Days Credit Term
Thailand	LLDPE Film C4	Sold	13,320,000	924	Cash In Advance
Indonesia	mLLDPE C6	Price List	15,730,000	1,091	Cash In Advance
Southeast Asia	mLLDPE C6	Offer Given	13,400,000-13,600,000	929-943	Cash In Advance

Transactions for import PE between June 22 to June 26 on LC at sight, CIF Indonesia Main Port basis

Origin	Product	Transaction Type	Offers (USD/ton)
Middle East	HDPE Blow Moulding	Offer Received	880*
North America	HDPE Blow Moulding	Offer Received	880
Southeast Asia	HDPE Blow Moulding	Offer Given	870-920
Middle East	HDPE Film	Offer Given	850
Middle East	HDPE Film	Offer Received	850
Middle East	HDPE Film	Purchased	850
Southeast Asia	HDPE Film	Offer Given	870-920
Southeast Asia	HDPE Film	Offer Received	900-930
Southeast Asia	HDPE Yarn	Offer Given	870
Middle East	LDPE Film	Offer Received	880
Southeast Asia	LDPE Film	Offer Given	920-970
Southeast Asia	LDPE Film	Offer Received	910-920
Middle East	LLDPE Film C4	Bid Given	820-830
Middle East	LLDPE Film C4	Offer Given	850
Middle East	LLDPE Film C4	Offer Received	830-900*
Middle East	LLDPE Film C4	Purchased	810-850
North America	LLDPE Film C4	Bid Received	800
North America	LLDPE Film C4	Offer Given	830
North America	LLDPE Film C4	Offer Received	820-830
North America	LLDPE Film C4	Purchased	800
Southeast Asia	LLDPE Film C4	Offer Given	870-930
Southeast Asia	LLDPE Film C4	Offer Received	870-940
Southeast Asia	LLDPE Film C4	Purchased	890
Southeast Asia	LLDPE Film C4	Sold	870-920
Southeast Asia	mLLDPE C6	Offer Given	920
Southeast Asia	mLLDPE C6	Offer Received	990
North America	mLLDPE C8	Offer Received	1,100*

Description: *Shipment from Singapore

Transactions for local/localized PE between June 29 to June 30 on FD Indonesia basis, all excluding 10% VAT

Origin	Product	Transaction Type	Currency	Offers/ton	Equivalent in USD/ton	Payment Term
Indonesia	HDPE Blow Moulding	Price List	IDR	13,450,000-14,500,000	933-1,005	Cash In Advance
Indonesia	HDPE Film	Offer Given	IDR	14,500,000	1,005	Cash In Advance
Indonesia	HDPE Film	Offer Given	IDR	14,500,000	1,005	30 Days Credit Term
Indonesia	HDPE Film	Price List	IDR	13,300,000-14,500,000	922-1,005	Cash In Advance
Indonesia	HDPE Film	Purchased	IDR	13,800,000	957	Cash In Advance
Southeast Asia	HDPE Film	Offer Received	USD	1,020	-	Cash In Advance
Southeast Asia	HDPE Film	Offer Received	IDR	14,300,000	992	30 Days Credit Term
Thailand	HDPE Film	Offer Received	IDR	13,900,000*	964	Cash In Advance
Malaysia	LDPE Film	Offer Given	IDR	15,000,000	1,040	30 Days Credit Term
Malaysia	LDPE Film	Offer Received	USD	1,065	-	Cash In Advance
Indonesia	LLDPE Film C4	Offer Given	IDR	14,700,000	1,019	Cash In Advance
Indonesia	LLDPE Film C4	Offer Given	IDR	14,700,000-15,000,000	1,019-1,040	30 Days Credit Term
Indonesia	LLDPE Film C4	Offer Received	IDR	14,000,000	971	Cash In Advance
Indonesia	LLDPE Film C4	Price List	IDR	13,540,000-14,900,000	939-1,003	Cash In Advance
Southeast Asia	LLDPE Film C4	Offer Received	IDR	1,015	-	Cash In Advance
Southeast Asia	LLDPE Film C4	Offer Received	IDR	14,000,000-14,500,000	971-1,005	Cash In Advance
Southeast Asia	LLDPE Film C4	Offer Received	IDR	14,400,000-14,900,000	998-1,033	30 Days Credit Term
Thailand	LLDPE Film C4	Offer Received	IDR	13,900,000*	964	Cash In Advance
Indonesia	mLLDPE C6	Price List	IDR	15,730,000	1,091	Cash In Advance

Description: *August delivery

Transactions for import PE between June 29 to June 30 on LC at sight, CIF/CFR Indonesia Main Port basis

Origin	Product	Transaction Type	Offers (USD/ton)
Kuwait	HDPE Film	Offer Received	880
Kuwait	HDPE Film	Purchased	880
Malaysia	HDPE Film	Offer Given	900
Saudi	HDPE Film	Purchased	880
Saudi	HDPE Film	Sold	900
Thailand	HDPE Film	Offer Given	960
Thailand	HDPE Film	Offer Received*	910-920
USA	HDPE Film	Purchased**	880
USA	HDPE Film	Sold**	900
Canada	LLDPE Film C4	Offer Received	830-850
Kuwait	LLDPE Film C4	Offer Given	870
Kuwait	LLDPE Film C4	Offer Received	860
Kuwait	LLDPE Film C4	Purchased	850
Philippines	LLDPE Film C4	Offer Given*	920-930
Philippines	LLDPE Film C4	Offer Received	900
Thailand	LLDPE Film C4	Offer Given	870-930
Thailand	LLDPE Film C4	Offer Received*	910-920
USA	LLDPE Film C4	Sold**	900
USA	mLLDPE C6	Offer Given**	1,200

Description: *August shipment **Shipment from Port Klang, Malaysia

Tags: Asia Pacific,English,Indonesia,Monthly,PE,SEA

Published on July 1, 2020 11:09 PM (GMT+8)
Last Updated on July 2, 2020 12:17 AM (GMT+8)

MonthlySSESSMENTS: June Indonesia PE Prices

Author: SSESSMENTS

MonthlySSESSMENTS: June Indonesia PE Prices

Author: SSESSMENTS

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