23 Sep 2022
23 Sep 2022
In spite of the large increases observed in the import market, the official price list from a key domestic producer shows no changes week-on-week. In the distribution market, traders attempted to lift offers slightly to reflect the depreciation of the Rupiah, resulting in a significant drop in purchasing activities.
15 Sep 2022
Similar to other markets within the region, import homo-PP offers to Indonesia track stable to firmer trend this week as supply tightens substantially after a series of production rate cuts among Asian producers. While offers are firming up, buyers show limited interest in making new purchases.
15 Sep 2022
In fact, the unexpected price cuts from domestic sellers, while causing confusion, also caught buyer attention. Most customers flock to the local ground to secure additional cargo at more competitive price levels, leaving the import ground with thin transactions.
09 Sep 2022
08 Sep 2022
02 Sep 2022
Following a couple of weeks of tracking the stabilisation trend, the domestic spot market resumes falling amid improving supply conditions as a result of the influx of imported cargoes. Traders are more enthusiastic about offering discounts in order to deplete the stocks.
