03 Dec 2020
It appears that Indonesian buyers are more receptive to the new hike compared to the previous week, with a better number of deals observed.
26 Nov 2020
Meanwhile, a couple of household product manufacturers informed CommoPlast of facing end-product orders cancelled by customers after lifting selling prices by 5% from last month.
Customers are shied from the new prices due to the lack of end-product orders and many turn back to the local ground to source the needed quantity.
19 Nov 2020
Discounts started to emerge in the local market, yet purchasing activities are subdued due to the fact that manufacturers are unable to increase end-product prices quick enough to cover the costs.
Sentiment in the domestic spot market is rather weak following a steep price reduction from a major local producer at the beginning of the week.
12 Nov 2020
At the moment, Indonesia remains the most active buyer for import homo-PP within Southeast Asia.
Sources continue to report a comfortable supply for HDPE and LLDPE film while manufacturers are not seeing improvement in end product businesses.
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