10 Sep 2025 SPVC k67-68 SPVC (A) k67-68
Waning demand at home and abroad has triggered a rapid build-up in inventories, weighing heavily on sentiment despite still-elevated upstream coking coal costs.
10 Sep 2025
The constant drawdown has yet to entice local producers to lift spot PP and PE prices – a development market sources attributed to the inventory management strategy ahead of the long break in October.
09 Sep 2025
The session saw improved uptake, with LLDPE film achieving near-total clearance and homo-PP yarn attracting solid bids.
Transactions were concentrated at the lower end of the price spectrum, which traders interpreted as a tentative sign of stabilisation.
08 Sep 2025
Market participants attributed the subdued performance to cautious sentiment across the domestic market, where converters remain reluctant to build stocks amid expectations of further price pressure.
Market sources noted that the decision to maintain prices, despite the Rupiah’s recent appreciation against the US dollar, reflects concerns over regional supply tightness.
Market participants noted that many were still waiting for clearer direction before committing to fresh orders.
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