23 Jun 2020
Chinese buyers are returning to the market to make replenishment before taking off for the Dragon Boat Festival.
Trading activities in the domestic spot market improve visible toward the mid-day break following a drastic swing in the futures market this morning.
22 Jun 2020
Regional buyers are a nit reluctant toward the latest price list citing the cloudy outlook ahead amid the continued worsening COVID-19 outbreak elsewhere that potentially slows down the global economic recovery.
However, buyers in the capital city of Jakarta are portraying a rather reluctant stance in replenishing fresh PE cargoes due to the plastics bags ban that would come into effect on 1 July 2020.
Transactions are sluggish on the first trading day of the week as players continue to wait on the sideline to monitor the hiking number of new COVID-19 infections across the world.
The number of transactions recorded is rather small, which concerns local traders due to the shorter-than-usual trading week this time.
19 Jun 2020
Transactions on the auction platform appear more sluggish on the final trading day of the week, especially for homo-PP cargoes.
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