Nov 23, 2024 9:18 a.m.
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Market Wrap Weekly Overview

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Indonesia – Weekly PE Wrap Up - 4 November 2021
Demand in Indonesia has been dwindling after the recent rally as the economy recovers from the pandemic at a slower pace than expected. Manufacturers suffered from sluggish end-product demand, which also prevent them from transferring higher raw materials cost to selling prices
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28 Oct 2021

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Indonesia – Weekly PP Wrap Up - 28 October 2021

Chinese suppliers are actively pushing homo-PP cargoes to the export ground this week following the steep and persistent price corrections in the local market. Offers emerged lower day-by-day...
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28 Oct 2021

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Indonesia – Weekly PE Wrap Up - 28 October 2021

International suppliers started to open November shipment offers to Indonesia with increases from the previous month, highlighting the lack of sales pressure. Given the persistent ...
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22 Oct 2021

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Indonesia – Weekly PP Wrap Up - 21 October 2021

In contrast to the softness observed in China and Vietnam since the beginning of the week, the uptrend in the Indonesian import homo-PP market persists for much of this week until lower export offers from China emerged ...
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22 Oct 2021

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Indonesia – Weekly PE Wrap Up - 21 October 2021

In comparison to the steady demand in the HDPE market, the LLDPE film sector endures much more sluggish end-product orders for both food packaging and industrial packaging ...
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15 Oct 2021

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Indonesia – Weekly PP Wrap Up - 14 October 2021

As sellers implemented further hikes to reflect the bullish sentiment overseas while buyers hold back unless end-product customers agree to pay higher.
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14 Oct 2021

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Indonesia – Weekly PE Wrap Up - 14 October 2021

Market players were also confused by the absence of Thailand material this week. Several buyers attempted to request spot quantity, but the producer declined because of the production issue that forced the supplier to cut even contract allocations.
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07 Oct 2021

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Indonesia – Weekly PP Wrap Up - 7 October 2021

Apparently, the woven bag sector remains sluggish and the continuous price hikes only push end-product buyers to the side-line instead of engaging in larger PO to avoid higher prices ahead.
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