13 Sep 2024
06 Sep 2024
05 Sep 2024
29 Aug 2024
Looking ahead, regional and international suppliers are expected to maintain a firm stance on import offers to Indonesia, even as shipping costs normalize. The uptick in demand from China and increased inquiries from South African buyers have bolstered seller confidence.
29 Aug 2024
Meanwhile, in the nearby Chinese market, buying interest for LLDPE film remained robust, even at elevated price points. The commencement of the agricultural film season, coupled with rising demand from the e-commerce sector, has prompted Chinese buyers to actively replenish stocks.
22 Aug 2024
PP thermoforming emerged as one of the grades with the shortest supply of ready-stock cargoes. Yet, Indonesian suppliers have not observed any panic buying. On the contrary, offers for this grade in the distribution market experienced the largest drop among PP grades
22 Aug 2024
The latest price adjustments attracted some buying interest. Buyers cautiously proceeded with new purchases on the concern that the Rupiah rally might lose momentum if the FED cut interest rates at a slower pace than expected, which would somewhat erode the exchange rate advantage.
