27 May 2022
It is expected that South Korean suppliers would extend the aggressive selling stance to the Indonesian market following the latest price rout in China and Vietnam. Spot homo-PP yarn from this origin is now $20/ton lower than the previous week, still, attracts limited buying interest
27 May 2022
Overseas suppliers started to open June shipment offers to Indonesia this week, predictably, at lower levels compared to May. The market was calm at the beginning of the week, but negotiations become brutal toward the weekend, following the slump in China and Vietnam.
20 May 2022
20 May 2022
12 May 2022
Indonesian customers returned from the ten-day Ramadan holiday to witness sharper price cuts from international suppliers. For the first time since late January 2022, import homo-PP prices fell below the $1300/ton threshold, yet, the number of transactions remained thin.
12 May 2022
27 Apr 2022
