10 Feb 2021
Given the firm stance among international suppliers, Indonesian buyers are rushing back to the local ground to secure the needed quantity for the concerns that domestic sellers would soon follow suit to lift prices.
A couple of HDPE and LLDPE film prices emerge at $10-20/ton higher than the previous week, yet Indonesian buyers prefer to return to the local ground to make replenishment for better prices.
04 Feb 2021
A number of Indonesian buyers have expressed the interest in cargoes priced at the lower end of the overall price range now that the market might continue to inch higher in the near to medium term.
Trading activities in the local ground has improved compared to the previous week, especially for LLDPE film, as buyers are running low in inventories.
28 Jan 2021
Indonesian buyers are turning to the local ground to source the needed quantity while waiting for import offers to breach below the $1200/ton threshold again.
Meanwhile, players are cautiously monitoring the HDPE market considering the heavy maintenance shutdown schedule at both Southeast Asia and Middle Eastern plants.
22 Jan 2021 SPVC k67-68 SPVC (A) k67-68
Players are monitoring the market very closely as a further decline in demand in India means the market could overturn moving forward.
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