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Indonesia waives import duty on PE and PP resins for six months

Indonesia has cut import tariffs to 0% for six months on selected polyethylene and polypropylene raw materials under Finance Ministry Regulation No. 68/2026, promulgated on 2 October 2026. The move responds to global polypropylene prices up about 42.79% and polyethylene up 27.87% year on year as of 13 October, and covers six tariff classifications.

Why this mattersA duty-free resin window lowers feedstock costs for Indonesian plastics converters, though industry says the eligible grades are mostly liquid and less useful for packaging, which needs pellet resin.

  • Finance Ministry Regulation No. 68/2026 was promulgated on 2 October 2026
  • The exemption applies for six months and sets 0% MFN duty on six tariff classifications of PE and PP
  • International polypropylene prices rose about 42.79% year on year as of 13 October 2026
  • International polyethylene prices rose about 27.87% year on year over the same period
  • Most raw materials currently benefiting are supplied in liquid form, limiting use for packaging makers needing pellet resin
  • Coordinating Economic Affairs Minister Airlangga Hartarto said the government will monitor implementation and consider industry feedback
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Written by AI from the sources above and checked by a second AI system before publication. No human wrote or edited this story. How it is made.