Bottled water will cost more next month<\/p>\n
JAKARTA (JP): Producers of bottled water announced yesterday
\nthat they will raise the prices of their products next month due
\nto scarcity of packaging materials.<\/p>\n
\"The shortage of supply has raised the prices of polyethylene
\nterephthalate (PET) resin, the raw material for the production of
\nplastic packaging, thereby forcing us to raise the prices of our
\nproducts by around 10 to 20 percent next month,\" Willy Sidharta,
\nan executive of the Association of Indonesian Producers of
\nPackaged Drink Water (Aspadin), told journalists yesterday.<\/p>\n
Willy, concurrently president of the listed PT Aqua Golden
\nMississippi, maker of Aqua water, said that packaging accounts
\nfor about 65 percent of average production costs.<\/p>\n
\"Right now the price of PET resin has increased to US$2,000
\nper ton from $1,200 last year,\" he said, adding that Indonesian
\npackaged water producers import about 1,000 tons of the
\npetrochemical compound every month from Japan and South Korea.<\/p>\n
The extend of the price increase will vary depending on the
\nsize of the packaging and the particular brand, he explained.<\/p>\n
Aspadin, however, has set reference prices. A box of 48 cups
\n(containing 220 milliliters each), for example, will have a
\nfactory price of around Rp 5,500 next month, marking a 10 percent
\nincrease from Rp 5,000 at present.<\/p>\n
\"Consumers and the government should be cautious if producers
\ncharge lower prices than our references,\" said Aspadin's
\nchairman, Sukardi.<\/p>\n
Statistics from Aspadin, which groups 51 producers, state that
\nIndonesia produced about 2.06 billion liters of packaged water
\nlast year, out of which 85.9 percent was consumed domestically.<\/p>\n
Willy also explained that the shortage of PET resin on the
\nworld market is caused by an unexpected growth in demand,
\nparticularly by the textile and food packaging industries.(hdj)<\/p>",
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