Indonesia – Weekly PP Wrap Up - 25 Jan. 2024

The import homo-PP market in Indonesia remained largely unchanged from the previous week in spite of the sharp decline in purchasing activities. Given the higher costs outlook, overseas sellers are not in the mood to cut offers further.

25 Jan 2024

Indonesia – Weekly PE Wrap Up - 25 Jan. 2024

International and regional suppliers started to announce February PE shipment offers to Indonesia, largely with increases from the previous price announcements. Stronger upstream costs, higher freight rates, and reduced availability support the firming trend.

19 Jan 2024

Indonesia – Weekly PP Wrap Up - 18 Jan. 2024

The Indonesian homo-PP market experiences a notable downturn this week primarily among non-dutiable cargoes as buyers have stocked up comfortably while February shipments are no longer of interest.

19 Jan 2024

Indonesia – Weekly PE Wrap Up - 18 Jan. 2024

In the latest report, CommoPlast revealed that the average HDPE and LLDPE film offers in local Indonesia jumped 8.3% and 13.2% respectively in a span of one month, hitting the highest levels since July 2022.

12 Jan 2024

Weekly PET Overview – 12 Jan. 2024

Indonesian customers informed of a more stabilized domestic market after a drastic surge recorded at the start of 2024. Buyers appeared to have made comfortable replenishment and decided to withdraw to the sideline to monitor further development.

12 Jan 2024

Indonesia – Weekly PE Wrap Up - 11 Jan. 2024

The domestic spot market appears to have hit its peak with traders started offering discounts on selected cargoes amid growing resistance from the market.

11 Jan 2024

Indonesia – Weekly PP Wrap Up - 11 Jan. 2024

In fact, without any real improvement in local demand since the start of 2024, Chinese sellers started to escalate the effort to deplete on-hand cargo ahead of the long Lunar New Year break.

05 Jan 2024

Indonesia – Weekly PP Wrap Up - 04 January 2024

For the first time in eleven months, import homo-PP yarn surged above the $1100/ton threshold, though customers become more selective of the shipment time...

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