Nov 23, 2024 12:48 p.m.
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Market Wrap Weekly Overview

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Indonesia – Weekly PE Wrap Up - 17 June 2021
Meanwhile, Indonesian buyers have expressed the buy ideas for import LDPE film from dutiable origins in the range of $1250-1270/ton CIF Indonesia, claiming the large location gap with China at the moment.
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10 Jun 2021

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Indonesia – Weekly PP Wrap Up - 10 June 2021

Trading activities in the local market remain slow but definitely better than the previous week, sources said, thanks to the lack of prompt cargoes.
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10 Jun 2021

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Indonesia – Weekly PE Wrap Up - 10 June 2021

Meanwhile, Indonesian buyers are not so much interested in the LDPE film cargoes citing the higher price risk given that new offers are still way too high in relative to the nearby China market.
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03 Jun 2021

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Indonesia – Weekly PP Wrap Up - 3 June 2021

Apparently, there are heavy concerns among Indonesian buyers regarding the new wave of COVID-19 across Southeast Asia that prompted lockdowns and restricts demand, while the location gap with China remains relatively large.
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03 Jun 2021

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Indonesia – Weekly PE Wrap Up - 3 June 2021

In the meantime, the large location gap between the Indonesian LDPE film market and China’s is spooking buyers for the concerns that re-export cargoes would soon emerge and pressure other sellers to step back on the prices.
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27 May 2021

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Indonesia – Weekly PP Wrap Up - 27 May 2021

There have been reports of re-export South Korean PP block copolymer from China, which players expect to pressure other sellers to cut prices further.
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27 May 2021

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Indonesia – Weekly PE Wrap Up - 27 May 2021

In a related industry issue, a container ship exploded and burst into flames near the Colombo coast, off Sri Lanka, which was carrying 1,486 containers, of which market players said consisted of some Qatari PE cargoes that was en-route to Asia.
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20 May 2021

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Indonesia – Weekly PP Wrap Up - 20 May 2021

Catching up with the import ground, local traders refused to follow the lead from a major domestic producer and would only introduce small price cuts on most of the PP grades.
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