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QuarterlySSESSMENTS: Q2 2020 Indonesia PP Prices

Author: SSESSMENTS

  • 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

OriginProductTransaction TypeOffers (IDR/ton)Equivalent in USD/tonPayment Term
IndonesiaPP Block CopolymerOffer Given15,000,0001,037Cash In Advance
IndonesiaPP Block CopolymerPrice List14,950,000-16,530,0001,034-1,143Cash In Advance
South KoreaPP Block CopolymerOffer Received18,300,0001,26660 Days Credit Term
IndonesiaPP Homo FilmOffer Given13,620,000-15,300,000942-1,058Cash In Advance
IndonesiaPP Homo FilmOffer Given14,300,000-14,700,000989-1,01715 Days Credit Term
IndonesiaPP Homo FilmOffer Received14,385,000-15,640,000995-1,082Cash In Advance
IndonesiaPP Homo FilmOffer Received14,200,000-15,000,000982-1,03715 Days Credit Term
IndonesiaPP Homo FilmOffer Received13,900,000-15,660,000961-1,08330 Days Credit Term
IndonesiaPP Homo FilmPrice List14,380,000-15,660,000995-1,083Cash In Advance
IndonesiaPP Homo FilmPurchased15,640,0001,082Cash In Advance
IndonesiaPP Homo FilmPurchased14,910,0001,03130 Days Credit Term
IndonesiaPP Homo FilmSold13,600,000-15,000,000941-1,037Cash In Advance
MalaysiaPP Homo FilmOffer Received14,300,00098915 Days Credit Term
MalaysiaPP Homo FilmOffer Received14,000,000-15,850,000968-1,09630 Days Credit Term
MalaysiaPP Homo FilmPurchased14,800,0001,02425 Days Credit Term
Southeast AsiaPP Homo FilmOffer Given14,000,000-15,300,000968-1,058Cash In Advance
Southeast AsiaPP Homo FilmOffer Given14,300,00098915 Days Credit Term
ThailandPP Homo FilmOffer Received14,010,000969Cash In Advance
ThailandPP Homo FilmOffer Received14,130,000-15,000,000977-1,03715 Days Credit Term
IndonesiaPP Homo InjectionBid Received12,600,000871Cash In Advance
IndonesiaPP Homo InjectionOffer Given13,000,000-14,900,000899-1,031Cash In Advance
IndonesiaPP Homo InjectionOffer Given13,500,000-13,600,000934-94115 Days Credit Term
IndonesiaPP Homo InjectionOffer Given13,500,000-14,800,000934-1,02430 Days Credit Term
IndonesiaPP Homo InjectionOffer Received12,200,000-15,000,000844-1,037Cash In Advance
IndonesiaPP Homo InjectionOffer Received13,500,000-15,000,000934-1,03730 Days Credit Term
IndonesiaPP Homo InjectionOffer Received13,500,000-14,980,000934-1,03660 Days Credit Term
IndonesiaPP Homo InjectionOffer Received13,700,00094890 Days Credit Term
IndonesiaPP Homo InjectionPrice List13,480,000-17,180,000932-1,188Cash In Advance
IndonesiaPP Homo InjectionPurchased15,000,0001,037Cash In Advance
IndonesiaPP Homo InjectionPurchased14,100,000-15,000,000975-1,03730 Days Credit Term
IndonesiaPP Homo InjectionSold13,100,000906Cash In Advance
IndonesiaPP Homo InjectionSold13,000,000-14,500,000899-1,00330 Days Credit Term
MalaysiaPP Homo InjectionOffer Received14,800,0001,02430 Days Credit Term
Southeast AsiaPP Homo InjectionOffer Given13,100,000-14,700,000906-1,017Cash In Advance
Southeast AsiaPP Homo InjectionOffer Given13,600,00094115 Days Credit Term
VietnamPP Homo InjectionBuy Idea12,900,00089230 Days Credit Term
VietnamPP Homo InjectionOffer Given13,080,000-14,900,000905-1,031Cash In Advance
VietnamPP Homo InjectionOffer Received13,100,00090630 Days Credit Term
AustraliaPP Homo RaffiaOffer Received13,200,000913Cash In Advance
IndonesiaPP Homo RaffiaBid Received12,600,000-13,300,000871-920Cash In Advance
IndonesiaPP Homo RaffiaOffer Given13,000,000-15,000,000899-1,037Cash In Advance
IndonesiaPP Homo RaffiaOffer Given13,500,000-13,750,000934-95115 Days Credit Term
IndonesiaPP Homo RaffiaOffer Given13,500,000-15,000,000934-1,03730 Days Credit Term
IndonesiaPP Homo RaffiaOffer Received12,200,000-14,200,000844-982Cash In Advance
IndonesiaPP Homo RaffiaOffer Received13,480,000-15,200,000932-1,05130 Days Credit Term
IndonesiaPP Homo RaffiaPrice List13,480,000-15,000,000932-1,037Cash In Advance
IndonesiaPP Homo RaffiaPurchased13,250,000916Cash In Advance
IndonesiaPP Homo RaffiaPurchased13,200,00091330 Days Credit Term
IndonesiaPP Homo RaffiaSold13,200,000-15,000,000913-1,037Cash In Advance
IndonesiaPP Homo RaffiaSold13,000,000-14,500,000899-1,00330 Days Credit Term
Southeast AsiaPP Homo RaffiaBid Given12,900,000892Cash In Advance
Southeast AsiaPP Homo RaffiaBuy Idea12,000,000-13,400,000830-927Cash In Advance
Southeast AsiaPP Homo RaffiaBuy Idea12,800,000-13,100,000885-90630 Days Credit Term
Southeast AsiaPP Homo RaffiaOffer Given13,100,000-14,700,000906-1,017Cash In Advance
Southeast AsiaPP Homo RaffiaOffer Given13,600,00094115 Days Credit Term
Southeast AsiaPP Homo RaffiaOffer Received12,600,000-13,800,000871-954Cash In Advance
Southeast AsiaPP Homo RaffiaOffer Received13,000,000-14,650,000899-1,01330 Days Credit Term
Southeast AsiaPP Homo RaffiaPurchased13,000,000899Cash In Advance
Southeast AsiaPP Homo RaffiaPurchased13,100,00090630 Days Credit Term
VietnamPP Homo RaffiaOffer Given13,080,000-15,000,000905-1,037Cash In Advance
VietnamPP Homo RaffiaSold13,400,000-14,740,000927-1,019Cash In Advance
IndonesiaPP Random Copolymer InjectionPrice List16,090,000-17,820,0001,113-1,232Cash In Advance

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

OriginProductTransaction TypeOffers (USD/ton)
Far East AsiaPP Block CopolymerOffer Given800-950
Far East AsiaPP Block CopolymerPurchased800
Far East AsiaPP Block CopolymerSell Idea930
Far East AsiaPP Block CopolymerSold800-900
Middle EastPP Block CopolymerOffer Received870
Southeast AsiaPP Block CopolymerOffer Given930-980
Southeast AsiaPP Block CopolymerOffer Received970-1,060
Southeast AsiaPP Block CopolymerPrice List920
Southeast AsiaPP Block CopolymerPurchased950
Middle EastPP Homo FilmBid Given700
Middle EastPP Homo FilmOffer Received840
Middle EastPP Homo FilmPurchased765
Southeast AsiaPP Homo FilmBid Given770
Southeast AsiaPP Homo FilmOffer Received750-830
Southeast AsiaPP Homo FilmPrice List900
Southeast AsiaPP Homo FilmPurchased750
Far East AsiaPP Homo InjectionOffer Given760-800
Far East AsiaPP Homo InjectionPurchased740
Indian SubcontinentPP Homo InjectionOffer Given800
Indian SubcontinentPP Homo InjectionOffer Received760
Middle EastPP Homo InjectionOffer Given780
Middle EastPP Homo InjectionOffer Received760
Middle EastPP Homo InjectionSell Idea800
Middle EastPP Homo InjectionSold760-770
Southeast AsiaPP Homo InjectionOffer Given760-920
Southeast AsiaPP Homo InjectionPrice List870
Southeast AsiaPP Homo InjectionPurchased740
Far East AsiaPP Homo RaffiaOffer Given760-870
Far East AsiaPP Homo RaffiaOffer Received790-810
Far East AsiaPP Homo RaffiaPurchased740
Indian SubcontinentPP Homo RaffiaOffer Given760-800
Middle EastPP Homo RaffiaBid Received750
Middle EastPP Homo RaffiaOffer Given780-830
Middle EastPP Homo RaffiaOffer Received760-830
Middle EastPP Homo RaffiaPurchased750
Middle EastPP Homo RaffiaSell Idea800
Middle EastPP Homo RaffiaSold760-780
Southeast AsiaPP Homo RaffiaOffer Given760-920
Southeast AsiaPP Homo RaffiaOffer Received740-870
Southeast AsiaPP Homo RaffiaPrice List870
Southeast AsiaPP Homo RaffiaPurchased740-870
Southeast AsiaPP Random Copolymer BlowPrice List1,060
Middle EastPP Random Copolymer InjectionOffer Received1,000
Middle EastPP Random Copolymer InjectionPurchased1,000
Southeast AsiaPP Random Copolymer InjectionPrice List1,010
Southeast AsiaPP Random LaminationPrice List1,010

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

OriginProductTransaction TypeOffers (IDR/ton)Equivalent in USD/tonPayment Term
IndonesiaPP Block CopolymerOffer Given14,600,0001,010Cash In Advance
IndonesiaPP Block CopolymerPrice List14,480,000-14,630,0001,001-1,012Cash In Advance
IndonesiaPP Homo FilmOffer Given13,600,000-14,900,000941-1,031Cash In Advance
IndonesiaPP Homo FilmOffer Given14,000,000-14,300,000968-98914 Days Credit Term
IndonesiaPP Homo FilmOffer Given14,250,000-15,250,000986-1,05515 Days Credit Term
IndonesiaPP Homo FilmOffer Given14,000,000-14,300,000968-98930 Days Credit Term
IndonesiaPP Homo FilmOffer Received13,500,000-14,300,000934-989Cash In Advance
IndonesiaPP Homo FilmOffer Received13,900,000-14,200,000961-98215 Days Credit Term
IndonesiaPP Homo FilmOffer Received13,500,000-14,700,000934-1,01730 Days Credit Term
IndonesiaPP Homo FilmPrice List14,220,000-14,930,000983-1,033Cash In Advance
IndonesiaPP Homo FilmPurchased14,730,0001,019Cash In Advance
IndonesiaPP Homo FilmPurchased14,200,00098215 Days Credit Term
IndonesiaPP Homo FilmSold13,100,000-14,550,000906-1,006Cash In Advance
MalaysiaPP Homo FilmOffer Received13,750,00095130 Days Credit Term
Southeast AsiaPP Homo FilmOffer Given13,800,000-14,900,000954-1,031Cash In Advance
Southeast AsiaPP Homo FilmOffer Given14,000,000-14,300,000968-98914 Days Credit Term
Southeast AsiaPP Homo FilmOffer Received14,130,000-14,270,000977-98715 Days Credit Term
Southeast AsiaPP Homo FilmPurchased13,400,00092730 Days Credit Term
ThailandPP Homo FilmOffer Received14,200,000-14,580,000982-1,00815 Days Credit Term
ThailandPP Homo FilmPurchased15,700,0001,08615 Days Credit Term
IndonesiaPP Homo InjectionBuy Idea12,800,000885Cash In Advance
IndonesiaPP Homo InjectionOffer Given12,900,000-14,200,000892-982Cash In Advance
IndonesiaPP Homo InjectionOffer Given13,750,00095114 Days Credit Term
IndonesiaPP Homo InjectionOffer Given13,350,00092315 Days Credit Term
IndonesiaPP Homo InjectionOffer Given14,000,000-14,100,000968-97530 Days Credit Term
IndonesiaPP Homo InjectionOffer Received12,500,000-13,300,000865-920Cash In Advance
IndonesiaPP Homo InjectionOffer Received13,300,000-13,900,000920-96130 Days Credit Term
IndonesiaPP Homo InjectionOffer Received13,450,00093090 Days Credit Term
IndonesiaPP Homo InjectionPrice List13,330,000-17,500,000922-1,210Cash In Advance
IndonesiaPP Homo InjectionPrice List13,330,00092230 Days Credit Term
IndonesiaPP Homo InjectionPurchased13,330,00092290 Days Credit Term
IndonesiaPP Homo InjectionSold12,700,000878Cash In Advance
IndonesiaPP Homo InjectionSold12,700,000-13,800,000878-95430 Days Credit Term
Southeast AsiaPP Homo InjectionOffer Given13,200,000-14,200,000913-982Cash In Advance
Southeast AsiaPP Homo InjectionOffer Given13,750,00095114 Days Credit Term
VietnamPP Homo InjectionOffer Given12,900,000-13,800,000892-954Cash In Advance
VietnamPP Homo InjectionSold12,900,000892Cash In Advance
IndonesiaPP Homo RaffiaBuy Idea12,500,000-12,800,000865-885Cash In Advance
IndonesiaPP Homo RaffiaOffer Given12,900,000-14,300,000892-989Cash In Advance
IndonesiaPP Homo RaffiaOffer Given13,750,00095114 Days Credit Term
IndonesiaPP Homo RaffiaOffer Given13,350,000-14,400,000923-99615 Days Credit Term
IndonesiaPP Homo RaffiaOffer Given13,300,000-14,100,000920-97530 Days Credit Term
IndonesiaPP Homo RaffiaOffer Received12,330,000-13,500,000853-934Cash In Advance
IndonesiaPP Homo RaffiaOffer Received13,890,00096130 Days Credit Term
IndonesiaPP Homo RaffiaPrice List13,330,000-14,090,000922-974Cash In Advance
IndonesiaPP Homo RaffiaPurchased13,600,000-13,700,000941-948Cash In Advance
IndonesiaPP Homo RaffiaPurchased13,330,00092220 Days Credit Term
IndonesiaPP Homo RaffiaSold12,700,000-13,800,000878-95430 Days Credit Term
MalaysiaPP Homo RaffiaOffer Received12,900,000892Cash In Advance
Southeast AsiaPP Homo RaffiaBuy Idea12,000,000-13,500,000830-934Cash In Advance
Southeast AsiaPP Homo RaffiaBuy Idea12,500,00086530 Days Credit Term
Southeast AsiaPP Homo RaffiaOffer Given13,200,000-14,200,000913-982Cash In Advance
Southeast AsiaPP Homo RaffiaOffer Given13,750,00095114 Days Credit Term
Southeast AsiaPP Homo RaffiaOffer Received12,200,000-13,500,000844-934Cash In Advance
Southeast AsiaPP Homo RaffiaOffer Received12,500,000-13,800,000865-95430 Days Credit Term
Southeast AsiaPP Homo RaffiaPurchased12,300,000-13,000,000851-899Cash In Advance
VietnamPP Homo RaffiaOffer Given12,900,000-13,800,000892-954Cash In Advance
VietnamPP Homo RaffiaOffer Received12,900,000892Cash In Advance
VietnamPP Homo RaffiaSold13,000,000899Cash In Advance
IndonesiaPP Random Copolymer InjectionPrice List15,910,000-17,030,0001,100-1,178Cash In Advance

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

OriginProductTransaction TypeOffers (USD/ton)
Far East AsiaPP Block CopolymerOffer Given860-930
Southeast AsiaPP Block CopolymerOffer Given850-900
Southeast AsiaPP Block CopolymerOffer Received900
Southeast AsiaPP Block CopolymerPrice List900
Southeast AsiaPP Block CopolymerPurchased880
Southeast AsiaPP Block CopolymerSold850
Middle EastPP Homo FilmOffer Received765-840
Middle EastPP Homo FilmPurchased745
Southeast AsiaPP Homo FilmOffer Given900
Southeast AsiaPP Homo FilmOffer Received810
Southeast AsiaPP Homo FilmPrice List880
Southeast AsiaPP Homo FilmPurchased790
Southeast AsiaPP Homo InjectionOffer Given900
Southeast AsiaPP Homo InjectionOffer Received850
Southeast AsiaPP Homo InjectionPrice List850
Southeast AsiaPP Homo InjectionPurchased850
Indian SubcontinentPP Homo RaffiaOffer Given820
Indian SubcontinentPP Homo RaffiaOffer Received800
Middle EastPP Homo RaffiaBuy Idea740-800
Middle EastPP Homo RaffiaOffer Given830-890
Middle EastPP Homo RaffiaOffer Received800-830
Middle EastPP Homo RaffiaPurchased780
Middle EastPP Homo RaffiaSell Idea810
Middle EastPP Homo RaffiaSold800
Southeast AsiaPP Homo RaffiaBuy Idea880
Southeast AsiaPP Homo RaffiaOffer Given850-900
Southeast AsiaPP Homo RaffiaOffer Received850
Southeast AsiaPP Homo RaffiaPrice List850
Southeast AsiaPP Homo RaffiaSold850
Southeast AsiaPP Random Copolymer BlowPrice List1,040
Southeast AsiaPP Random Copolymer InjectionPrice List990
Southeast AsiaPP Random LaminationPrice List990

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

OriginProductTransaction TypeOffers (IDR/ton)Equivalent in USD/tonPayment Term
IndonesiaPP Block CopolymerOffer Given15,800,0001,093Cash In Advance
IndonesiaPP Block CopolymerOffer Received15,000,0001,037Cash In Advance
IndonesiaPP Block CopolymerPrice List15,000,000-15,740,0001,037-1,089Cash In Advance
IndonesiaPP Homo FilmBid Received14,100,000975Cash In Advance
IndonesiaPP Homo FilmBuy Idea14,000,000968Cash In Advance
IndonesiaPP Homo FilmOffer Given14,500,000-15,700,0001,003-1,086Cash In Advance
IndonesiaPP Homo FilmOffer Given15,200,000-15,700,0001,051-1,08630 Days Credit Term
IndonesiaPP Homo FilmOffer Given15,400,000-15,900,0001,065-1,10015 Days Credit Term
IndonesiaPP Homo FilmOffer Given14,800,000-15,000,0001,024-1,03714 Days Credit Term
IndonesiaPP Homo FilmOffer Received15,000,000-15,600,0001,037-1,079Cash In Advance
IndonesiaPP Homo FilmOffer Received14,500,000-16,150,0001,003-1,11730 Days Credit Term
IndonesiaPP Homo FilmOffer Received15,500,000-15,900,0001,072-1,10015 Days Credit Term
IndonesiaPP Homo FilmPrice List15,300,000-15,900,0001,058-1,100Cash In Advance
IndonesiaPP Homo FilmPurchased15,640,0001,082Cash In Advance
IndonesiaPP Homo FilmPurchased14,800,0001,02430 Days Credit Term
MalaysiaPP Homo FilmOffer Received15,300,000-15,800,0001,058-1,09330 Days Credit Term
Southeast AsiaPP Homo FilmBid Given15,300,0001,058Cash In Advance
Southeast AsiaPP Homo FilmOffer Given15,300,0001,058Cash In Advance
Southeast AsiaPP Homo FilmOffer Given14,800,000-15,000,0001,024-1,03714 Days Credit Term
Southeast AsiaPP Homo FilmOffer Received15,300,000-15,500,0001,058-1,072Cash In Advance
Southeast AsiaPP Homo FilmPurchased15,300,0001,05830 Days Credit Term
ThailandPP Homo FilmOffer Received15,200,000-15,800,0001,051-1,09315 Days Credit Term
ThailandPP Homo FilmPurchased14,700,0001,017Cash In Advance
ThailandPP Homo FilmPurchased15,640,0001,08230 Days Credit Term
ThailandPP Homo FilmPurchased15,200,000-15,450,0001,051-1,06915 Days Credit Term
IndonesiaPP Homo InjectionOffer Given14,100,000-15,500,000975-1,072Cash In Advance
IndonesiaPP Homo InjectionOffer Given14,500,000-15,500,0001,003-1,07230 Days Credit Term
IndonesiaPP Homo InjectionOffer Given14,600,000-15,000,0001,010-1,03715 Days Credit Term
IndonesiaPP Homo InjectionOffer Given14,500,0001,00314 Days Credit Term
IndonesiaPP Homo InjectionOffer Received14,300,000-15,200,000989-1,051Cash In Advance
IndonesiaPP Homo InjectionOffer Received14,550,000-14,950,0001,006-1,03490 Days Credit Term
IndonesiaPP Homo InjectionOffer Received14,600,000-15,100,0001,010-1,04430 Days Credit Term
IndonesiaPP Homo InjectionPrice List14,470,000-18,490,0001,001-1,279Cash In Advance
IndonesiaPP Homo InjectionPurchased14,500,0001,00390 Days Credit Term
IndonesiaPP Homo InjectionPurchased14,100,000-14,800,000975-1,02430 Days Credit Term
IndonesiaPP Homo InjectionSold14,000,000-14,200,000968-982Cash In Advance
IndonesiaPP Homo InjectionSold14,700,000-15,300,0001,017-1,05830 Days Credit Term
Southeast AsiaPP Homo InjectionOffer Given14,500,000-14,700,0001,003-1,017Cash In Advance
Southeast AsiaPP Homo InjectionOffer Given14,500,0001,00314 Days Credit Term
VietnamPP Homo InjectionOffer Given14,200,000-14,400,000982-996Cash In Advance
VietnamPP Homo InjectionPurchased14,200,00098230 Days Credit Term
VietnamPP Homo InjectionSold14,000,000968Cash In Advance
VietnamPP Homo InjectionSold14,050,00097230 Days Credit Term
IndonesiaPP Homo RaffiaBid Given14,200,000982Cash In Advance
IndonesiaPP Homo RaffiaOffer Given14,100,000-15,500,000975-1,072Cash In Advance
IndonesiaPP Homo RaffiaOffer Given14,500,000-15,500,0001,003-1,07230 Days Credit Term
IndonesiaPP Homo RaffiaOffer Given14,600,000-15,000,0001,010-1,03715 Days Credit Term
IndonesiaPP Homo RaffiaOffer Given14,500,0001,00314 Days Credit Term
IndonesiaPP Homo RaffiaOffer Received13,900,000-15,200,000961-1,051Cash In Advance
IndonesiaPP Homo RaffiaOffer Received14,000,000-14,800,000968-1,02430 Days Credit Term
IndonesiaPP Homo RaffiaPrice List14,470,000-15,060,0001,001-1,042Cash In Advance
IndonesiaPP Homo RaffiaPurchased13,800,000-15,600,000954-1,079Cash In Advance
IndonesiaPP Homo RaffiaPurchased14,000,00096814 Days Credit Term
IndonesiaPP Homo RaffiaSold14,200,000-14,400,000982-996Cash In Advance
IndonesiaPP Homo RaffiaSold14,700,000-15,300,0001,017-1,05830 Days Credit Term
MalaysiaPP Homo RaffiaOffer Received14,600,0001,01030 Days Credit Term
MalaysiaPP Homo RaffiaPurchased13,800,000954Cash In Advance
MalaysiaPP Homo RaffiaPurchased14,600,0001,01030 Days Credit Term
Southeast AsiaPP Homo RaffiaOffer Given14,500,000-14,700,0001,003-1,017Cash In Advance
Southeast AsiaPP Homo RaffiaOffer Given14,500,0001,00314 Days Credit Term
Southeast AsiaPP Homo RaffiaOffer Received13,800,000-14,800,000954-1,024Cash In Advance
Southeast AsiaPP Homo RaffiaOffer Received14,300,000-15,200,000989-1,05130 Days Credit Term
Southeast AsiaPP Homo RaffiaPurchased14,200,000982Cash In Advance
VietnamPP Homo RaffiaOffer Given14,300,000-14,400,000989-996Cash In Advance
IndonesiaPP Random Copolymer InjectionPrice List16,920,000-17,990,0001,170-1,244Cash In Advance

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

OriginProductTransaction TypeOffers (USD/ton)
Far East AsiaPP Block CopolymerOffer Given950-1,000
Far East AsiaPP Block CopolymerOffer Received880-1,110
Far East AsiaPP Block CopolymerPurchased950-960
Southeast AsiaPP Block CopolymerOffer Given970-1,020
Southeast AsiaPP Block CopolymerPrice List1,000
Southeast AsiaPP Block CopolymerSold970
Far East AsiaPP Homo FilmOffer Received950
Middle EastPP Homo FilmBid Given900
Middle EastPP Homo FilmBuy Idea930-940
Middle EastPP Homo FilmOffer Received830-990
Middle EastPP Homo FilmPurchased820-830
Southeast AsiaPP Homo FilmOffer Given950
Southeast AsiaPP Homo FilmOffer Received920
Southeast AsiaPP Homo FilmPrice List1,010
Southeast AsiaPP Homo FilmPurchased850-890
Far East AsiaPP Homo InjectionOffer Received1,010
Southeast AsiaPP Homo InjectionBuy Idea900-920
Southeast AsiaPP Homo InjectionOffer Given950
Southeast AsiaPP Homo InjectionOffer Received980-990
Southeast AsiaPP Homo InjectionPrice List980
Far East AsiaPP Homo RaffiaOffer Received930
Indian SubcontinentPP Homo RaffiaOffer Given920-930
Indian SubcontinentPP Homo RaffiaOffer Received850-930
Middle EastPP Homo RaffiaBid Received900-920
Middle EastPP Homo RaffiaBuy Idea900-930
Middle EastPP Homo RaffiaOffer Given880-950
Middle EastPP Homo RaffiaOffer Received810-980
Middle EastPP Homo RaffiaPurchased870-930
Middle EastPP Homo RaffiaSell Idea930-940
Middle EastPP Homo RaffiaSold880-920
Southeast AsiaPP Homo RaffiaBid Received880
Southeast AsiaPP Homo RaffiaBuy Idea900-920
Southeast AsiaPP Homo RaffiaOffer Given950-1,030
Southeast AsiaPP Homo RaffiaOffer Received940-1,000
Southeast AsiaPP Homo RaffiaPrice List980
Southeast AsiaPP Homo RaffiaSold900-1,010
Southern AfricaPP Homo RaffiaBid Received920
Southern AfricaPP Homo RaffiaSell Idea925
Southeast AsiaPP Random Copolymer BlowPrice List1,130
Southeast AsiaPP Random Copolymer InjectionPrice List1,080
Southeast AsiaPP Random LaminationPrice List1,080

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)