25 Jun 2020 PPH Raf
The market is hinged between supply tightness and increasing resistance from buyers. Both sides of the market are currently on the wait and see position hoping the other side would give in.
25 Jun 2020
Holiday Notice
24 Jun 2020
It is reported that PT Chandra Asri Petrochemical has been facing difficulties in restarting one of its LLDPE lines following an unexpected shutdown last week.
At the moment, import LDPE film is returning to the pre-pandemic levels, maintaining a gap of more than $100/ton over LLDPE film.
Trading activities on the auction platform hold steady on the final trading day of the week, especially for homo-PP and LLDPE cargoes.
Given the low inventories pressure, it is widely expected that the local ground would remain firm in the post-holiday term.
23 Jun 2020
Some of these cargoes have been delayed for nearly a month, and as a result, buyers are seeking alternative sources of materials to meet the immediate demand.
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