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After a one-month consultation period, which ended on Wednesday October 8, Fastmarkets has decided to launch the two new containerboard prices to enhance its coverage of the Indonesian market.
Indonesia, with Southeast Asia’s biggest economy and a gross domestic product of $1.4 trillion, has thriving e-commerce and export sectors which depend on corrugated packaging.
The containerboard market is expected to grow, with the domestic economy bolstering the corrugated packaging market.Challenges from oversupply of containerboard due to a dampened Chinese economy, internal market issues and reduced Ramadan spending persist, which create unique market dynamics, providing a basis for newsworthy reports and assessments.The specifications for the new prices are as follows:FP-CTB-0210, Containerboard, testliner, recycled linerboard 125 g/square meter, delivered Indonesia, Rupiah/kg
Quantity: 20 to 35 tonnesLocation: IndonesiaIncoterm: DeliveredTiming: Spot and contract cargoesUnit: Kilogram
Publication: Monthly, first Friday of the month, 2pm to 3pm Singapore time.
FP-CTB-0209, Containerboard, recycled medium/fluting, 125-150 g/square meter, delivered Indonesia, Rupiah/kg
The prices will be part of the Fastmarkets Paper Packaging price package.To provide feedback on this price or if you would like to provide price information by becoming a data submitter to this price, please contact Ruth Loh Xiu by email at: pricing@fastmarkets.com. Please add the subject heading “FAO: Ruth Loh Xiu, re: Indonesia containerboard, testliner.”Please indicate if comments are confidential. Fastmarkets will consider all comments received and will make comments not marked as confidential available upon request.
To see all Fastmarkets’ pricing methodology and specification documents, go to the Fastmarkets methodology page.