Indonesia – Weekly PE Wrap Up - 14 March 2024

In spite of the resilient upstream ethylene costs and supply disruption from a couple of regional plants, the softening trend observed in the nearby Chinese market weighed heavily on the trading sentiment in Indonesia...

08 Mar 2024

Indonesia – Weekly PP Wrap Up - 07 Mar. 2024

Although the market is certain about the abolishment of the controversial regulation, buying activities remain sluggish as many buyers have already stocked up sufficient inventories.

08 Mar 2024

Indonesia – Weekly PE Wrap Up - 07 Mar. 2024

In the meantime, the market sentiment swings drastically, driven by the concerns over the strong ethylene costs and several major shutdowns only to be pulled back by the lack of demand in China.

22 Feb 2024

Indonesia – Weekly PP Wrap Up - 22 Feb. 2024

Local industry players submitted a written petition to the Indonesian government appealing to the authority to postpone the implementation of the import quota for at least a year.

22 Feb 2024

Indonesia – Weekly PE Wrap Up - 22 Feb. 2024

While local producers maintained a firm stance on spot offers, the distribution market witnessed downward adjustments as a result of the emergence of forward-shipment cargoes.

15 Feb 2024

Indonesia – Weekly PP Wrap Up - 15 Feb. 2024

At the moment, the market is divided on the possible trend in the post-Lunar New Year period. While sellers expressed optimism over a continued firming trend citing strong upstream and freight costs; buyers are less bullish

15 Feb 2024

Indonesia – Weekly PE Wrap Up - 15 February 2024

Although the price offerings from the USA were deemed acceptable by the locals, buyers are still waiting to get a clearer picture as most are unsure of how many quotas would be allocated in the upcoming month.

02 Feb 2024

Indonesia – Weekly PP Wrap Up - o1 Feb. 2024

At least one of the ASEAN producers raised concerns over the inability to secure shipping spaces within February while the highly volatile upstream market elevated the risks to an unacceptable level.

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