The Indonesian PET bottle market retreated from multi-year highs in the week to 17 April 2026, as the arrival of previously booked Chinese cargoes injected long-awaited liquidity into an otherwise constrained domestic market.
Aggressive LLDPE baseline discounts drove a flawless structural clearance on Friday, while rigid PP pricing severely fractured remaining platform liquidity ahead of the cautious weekend break.
Targeted baseline discounts drove clearances for mainstream PP and PE grades on Thursday, while specialty allocations suffered a total structural rejection before a stabilising paper market could stimulate broader risk appetite.