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Market Wrap Weekly Overview

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Indonesia – Weekly PE Wrap Up - 5 November 2020
Purchasing interest for import HDPE and LLDPE film remains thin as buyers prefer to source local materials to cover the immediate needs while raising concerns over the weakening upstream ethylene costs.
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28 Oct 2020

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Indonesia – Weekly PP Wrap Up - 28 October 2020

From the supply front, the shutdown at India’s Reliance Industries and Thailand’ SCG and the reduced operating rates at Malaysia’s Lotte Chemical Titan is curtailing supply further.
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28 Oct 2020

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Indonesia – Weekly PE Wrap Up - 28 October 2020

Among the PE grade, import LDPE continues to attract better purchasing interest even at higher price level as buyers prefer to stock up some cargoes amid the lack of supply across the Asia market.
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22 Oct 2020

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Indonesia – Weekly PP Wrap Up - 22 October 2020

Buyers become more active following the shutdown at Thailand’s SCG and the lower operating rates at Malaysia’s Lotte Chemical Titan that are expected to curtail supply further in the near-term.
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22 Oct 2020

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Indonesia – Weekly PE Wrap Up - 22 October 2020

The LDPE film market remains the strongest performing grade in the local ground thanks to the limited supply condition and reviving buying interest in the near-by China market.
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15 Oct 2020

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Indonesia – Weekly PP Wrap Up - 15 October 2020

Import homo-PP below the $1000/ton threshold have completely disappeared while there are only a handful of new offers from overseas suppliers.
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15 Oct 2020

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Indonesia – Weekly PE Wrap Up - 15 October 2020

There have been some fluctuations in the domestic spot market with sellers who were more willing to offer discounts at the beginning of the week, yet decided to hold a firmer stance toward the weekend.
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08 Oct 2020

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Indonesia – Weekly PP Wrap Up - 8 October 2020

Sources reported that small volume buyers are scrambling to secure the needed quantity in anticipation of continued hiking price in the coming days, causing a mild panic buying in the local ground.
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