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Market Wrap Weekly Overview

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Indonesia – Weekly PE Wrap Up - 12 January 2023
International suppliers started to open February shipments offers to Indonesia this week, which is much earlier than usual due to the upcoming Lunar New Year holiday. Citing the falling supply globally, import offers jumped higher...
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12 Jan 2023

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Indonesia – Weekly PP Wrap Up – 12 January 2023

The import homo-PP market in Indonesia rallied this week on the back of a tightening supply outlook in the first quarter of the year. Although the supply tightness is evident, not all cargoes are accepted...
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05 Jan 2023

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Indonesia – Weekly PP Wrap Up - 5 January 2023

Trading activities in the domestic spot market pent up this week thanks to the bullish development on the import front. Still, Indonesian suppliers are cautious in introducing new hikes so as not to scare buyers away.
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05 Jan 2023

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Indonesia – Weekly PE Wrap Up - 5 January 2023

A couple of major trading houses in the country are contemplating a fresh round of increases in the coming weeks, first to reflect the stronger import market, and second to ride on the wave of Ramadan season preparations.
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23 Dec 2022

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Indonesia – Weekly PP Wrap Up - 22 December 2022

The domestic spot market mimics the upward movement in the import ground as offers from producers and distributors are moderately higher. Buyers responded indolently for the lack of end-product businesses gives them no reason to restock more cargoes.
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22 Dec 2022

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Indonesia – Weekly PE Wrap Up - 23 December 2022

In the domestic market, trading sentiment further deteriorated as part of the market has taken off for the Christmas and New Year holidays. Still, spot offers extended the firming trend on the back of the bullish expectations surrounding the China reopening.
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16 Dec 2022

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Indonesia – Weekly PP Wrap Up - 15 December 2022

Although customers have accepted some imported cargoes this week, it is important to note that the pattern of buying depicts a limit in pricing, of which the market could accept at the moment.
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16 Dec 2022

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Indonesia – Weekly PE Wrap Up - 15 December 2022

Overseas suppliers’ plans to lift January offers remain to be tested considering the soft demand condition across Southeast Asia and the intense competition from domestic cargoes in Indonesia.
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