Indonesia – Weekly PP Wrap Up - 9 Feb. 2023

Buyers have been resisting the recent rapid price hikes and the return of competitive Chinese materials assures the market that the upswing has reached its peak.

09 Feb 2023

Indonesia – Weekly PE Wrap Up - 9 Feb. 2023

Still Indonesian buyers remain relatively calm for two main reasons. Firstly, because of the slow-to-pick-up end-product businesses, and secondly, without strong demand from China, any potential upside might be capped.

03 Feb 2023

Indonesia – Weekly PP Wrap Up - 2 Feb. 2023

In line with the return of Chinese market participants following the weeklong Spring Festival, import homo-PP offers to Indonesia jumped sharply at the beginning of the week. While there is still demand, Indonesian customers also become less interested

03 Feb 2023

Indonesia – Weekly PE Wrap Up - 2 Feb. 2023

Indonesian customers did return to make some replenishments because of the well-expected higher offers in the coming week. Still, many buyers are shocked when a key domestic producer actually up-adjusted spot offers by mid of the week.

26 Jan 2023

Indonesia – Weekly PP Wrap Up - 26 Jan. 2023

In the PP block copolymer sector, new offers remain on a stable to firmer trend. However, unlike the homo-PP market, there are reports of many buyers in this segment have not restocked sufficiently

26 Jan 2023

Indonesia – Weekly PE Wrap Up - 26 Jan. 2023

The import PE market in Indonesia remains on the stable to firmer track though the number of new offers is rather limited due to the Chinese New Year holiday. Transactions are thin following the unexpected price cuts from a key domestic producer.

19 Jan 2023

Indonesia – Weekly PP Wrap Up - 18 Jan. 2023

The downside is that buyers tend to source the needed quantity from the import market, also to take advantage of the stronger Rupiah that makes US dollar-dominated cargoes more competitive.

19 Jan 2023

Indonesia – Weekly PE Wrap Up - 18 Jan. 2023

This week, buyers rush back to the market motivated by the fear of supply tightness, especially with the surprisingly strong last-minute purchasing activities among Chinese customers.

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