Indonesia – Weekly PE Wrap Up - 1 September 2022

Demand-wise, Indonesian customers are in no rush to build stocks considering the cloudy market prospect ahead. With China widening the COVID-19 restrictions, there might not be sufficient support for a sustainable rebound.

26 Aug 2022

Indonesia – Weekly PP Wrap Up - 25 August 2022

The uptrend in the import homo-PP market apparently starts to lose steam this week, portending the falling demand regionwide despite the increasing number of petrochemical plants cutting operating rates...

26 Aug 2022

Indonesia – Weekly PE Wrap Up - 25 August 2022

With the import LLDPE and LDPE film markets in China crashing, Indonesian customers are losing confidence in the near-term outlook. The timing cannot be any more inconvenient as PrefChem achieved on-spec LLDPE film cargoes while Long Son started up the HDPE unit in Vietnam.

19 Aug 2022

Indonesia – Weekly PP Wrap Up - 18 August 2022

Most buyers claimed to have replenished comfortably and currently prefer to focus on obtaining end-product businesses. While the overall supply for PP across the region seems lower as a result of a mass production cut, buyers show ...

19 Aug 2022

Indonesia – Weekly PE Wrap Up - 18 August 2022

Similar to other markets, Indonesian customers expect the import PE offers to remain largely stable in the near-term as the tightening supply condition is balanced by ...

12 Aug 2022

Indonesia – Weekly PP Wrap Up - 11 August 2022

The import homo-PP market in Indonesia tracks a stable to firmer trend this week – a well-expected development given the fact...

12 Aug 2022

Indonesia – Weekly PE Wrap Up - 11 August 2022

Dutiable cargoes started to regain strength after international suppliers depleted the allocation in China, while non-dutiable cargoes are racing lower to compete against both: dutiable and domestic materials...

05 Aug 2022

Indonesia – Weekly PP Wrap Up - 04 August 2022

Indonesia is not the only market experiencing stabilising trend this week. Most other markets within Southeast Asia are drawing support from the abrupt return of Chinese buyers. However...

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