Nov 23, 2024 8:24 a.m.
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Market Wrap Weekly Overview

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Indonesia – Weekly PE Wrap Up - 6 January 2022
Demand for HDPE bags is especially weak. Several converters informed CommoPlast of not receiving new PO as the customers do not believe the raw material market has reached the bottom.
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23 Dec 2021

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Indonesia – Weekly PP Wrap Up - 23 December 2021

International suppliers attempted to lift import homo-PP offers to Indonesia right at the beginning of the week, which inevitably face stiff resistance from buyers...
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23 Dec 2021

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Indonesia – Weekly PE Wrap Up - 23 December 2021

International suppliers have mostly wrapped up January businesses, leaving the market with very limited number of new offers. While non-dutiable cargoes continue to gallop lower,
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16 Dec 2021

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Indonesia – Weekly PP Wrap Up - 16 December 2021

The domestic spot market continues to gallop lower this week regardless of the stabilising import offers. However, sellers seem to have found the acceptance levels for homo-PP yarn grade as a brief dive resulted in a satisfactory sales result.
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16 Dec 2021

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Indonesia – Weekly PE Wrap Up - 16 December 2021

Sharing the same concerns with other customers across Asia region, Indonesian buyers fears that the increasingly present of USA materials would pressurize the market further...
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09 Dec 2021

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Indonesia – Weekly PP Wrap Up - 9 December 2021

The Indonesian import homo-PP yarn market fell below the $1200/ton benchmark for the first time since June 2021 as South Korean sellers aggressively pushed out cargoes ahead of the year-end closing.
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09 Dec 2021

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Indonesia – Weekly PE Wrap Up - 9 December 2021

While the downward pressure in the import ground remains in place, domestic suppliers decided to hold spot offers largely stable from the previous week following the rebound in the energy complex.
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03 Dec 2021

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Indonesia – Weekly PP Wrap Up - 03 December 2021

The import homo-PP market in Indonesia registered a sharp fall following the nearly 16% plunge in crude oil prices on the week. Buyers cautiously proceed...
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