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Market Wrap Weekly Overview

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Indonesia – Weekly PP Wrap Up - 07 September 2023
International suppliers resumed lifting import homo-PP offers to the Indonesian market following a series of bullish developments, including the surging crude oil prices and recovering ...
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08 Sep 2023

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Indonesia – Weekly PE Wrap Up - 07 September 2023

International suppliers responded promptly to the development in the local Indonesian market by keeping HDPE and LDPE offers largely stable from the previous week while introducing minor discounts on LLDPE film...
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01 Sep 2023

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Indonesia – Weekly PP Wrap Up - 31 August 2023

The persistent deadlock in the Indonesian homo-PP market seemed to frustrate key international suppliers, from which minor discounts emerged this week in an attempt to entice purchasing interest...
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01 Sep 2023

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Indonesia – Weekly PE Wrap Up - 31 August 2023

The Indonesian PE market is rather calm this week amid the lack of new import offers from key international suppliers. Indonesian converters are generally reticent in pursuing additional purchases from the import market considering...
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25 Aug 2023

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Indonesia – Weekly PP Wrap Up - 25 Aug. 2023

Key international suppliers become more willing to negotiate with serious buyers, though the strong cost pressure clouded any possibility of steep discounts.
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25 Aug 2023

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Indonesia – Weekly PE Wrap Up - 25 Aug. 2023

In the LDPE film market, it is worth noting the sharp hike observed in the nearby China market this week. The grade has now regained all of the losses recorded earlier this year as well as the premium over HDPE and LLDPE film.
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18 Aug 2023

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Indonesia – Weekly PE Wrap Up - 17 Aug. 2023

Negative margins have forced most cracking operators in the region to cut run rates for months, restricting spot ethylene availability. To add to the concerns is the long-term shutdown at South Korea’s LG Chem and YNCC.
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17 Aug 2023

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Indonesia – Weekly PP Wrap Up - 17 Aug. 2023

The domestic spot market extended the firming trend though purchasing activities remain much weaker than expected. Having said so, it is important to note that the increases are varied among the grades, underlining the differential in the state of demand.
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