05 May 2020
Compared to the beginning of April, the average import homo-PP yarn price to Southeast Asia has increased around $50/ton, according to CommoPlast data.
04 May 2020
following the buying activities in the near-by China market in the post-holiday term, it becomes clear that overseas sellers are not leaving much room for negotiation in Southeast Asia.
29 Apr 2020
Regional local market including Vietnam and Indonesia continue to face downward pressure due to the lack of sufficient purchasing interest here.
28 Apr 2020
In contrast to Vietnam, Indonesian customers are still able to source import PE parcels at below the $700/ton mark given the competitive local cargoes in this market.
27 Apr 2020
Transactions in the PE market appear better compared to PP as a number of deals for Saudi Arabia cargoes have already been reached.
24 Apr 2020
In Malaysia and Indonesia, both countries have extended the lockdown period to combat the spread of the pandemic, which hurts demand severely.
23 Apr 2020
In Indonesia, it is very challenging for overseas sellers to attract buyers here as local suppliers are offering PE cargoes based on FD Indonesia term at very competitive levels.
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