Nov 23, 2024 3:47 p.m.
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Market Wrap Weekly Overview

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Indonesia – Weekly PE Wrap Up - 20 May 2021
It is important to note that buyers would cautiously secure small quantity citing the continued weakening import ground, while holding off larger purchases to wait for steeper price reduction.
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06 May 2021

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Indonesia – Weekly PP Wrap Up - 6 May 2021

A number of manufacturers in the Jabodetabek area would be taking off starting 5 May 2021 for two to three weeks, curbing the need to make replenishment, especially at the current downtrend.
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06 May 2021

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Indonesia – Weekly PE Wrap Up - 6 May 2021

Players are cautiously monitoring the post-holiday demand condition in the nearby China market to gauge the extent of any potential price reduction moving forward.
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30 Apr 2021

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Indonesia – Weekly PP Wrap Up - 29 April 2021

In the PP block copolymer sector, a similar trend is observed. Both regional and international suppliers cut prices by three digits, yet the number of transactions recorded remains below expectation.
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30 Apr 2021

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Indonesia – Weekly PE Wrap Up - 29 April 2021

In the meantime, although Indian LLDPE film is available at $1120/ton CIF Indonesia, the number of transactions recorded is mediocre for the fact that buyers remain cautious.
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22 Apr 2021

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Indonesia – Weekly PP Wrap Up - 22 April 2021

Demand in Indonesia is not strong. Several manufacturers are planning to stop production by 30 April 2021 for the Ramadan holiday due to the lack of end product orders.
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22 Apr 2021

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Indonesia – Weekly PE Wrap Up - 22 April 2021

Some local traders are cutting spot LDPE film prices by as much as $145/ton and yet, customers are just too afraid of the near-term outlook to proceed with purchases.
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15 Apr 2021

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Indonesia – Weekly PP Wrap Up - 15 April 2021

It appears that the maintenance season in China, Saudi Arabia, and India is not able to retain the market on the firming trend. In contrast, the rising number of COVID-19 cases in India might push suppliers here to allocate more cargoes to the export market.
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