May 06, 2024 8:46 p.m.
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Market Wrap Weekly Overview

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Indonesia – Weekly PE Wrap Up - 21 March 2024
The import PE market in Indonesia seemed struggling to determine the direction amid the highly volatile crude oil and regional market. With the pent-up demand in China, buyers were prepared to see higher offers for April shipments from overseas suppliers...
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15 Mar 2024

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Indonesia – Weekly PP Wrap Up - 14 March 2024

A number of Indonesian customers have indeed expressed an interest in making small replenishments but prefer to proceed with caution as the finished goods market is still slack....
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15 Mar 2024

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Indonesia – Weekly PE Wrap Up - 14 March 2024

In spite of the resilient upstream ethylene costs and supply disruption from a couple of regional plants, the softening trend observed in the nearby Chinese market weighed heavily on the trading sentiment in Indonesia...
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08 Mar 2024

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Indonesia – Weekly PP Wrap Up - 07 Mar. 2024

Although the market is certain about the abolishment of the controversial regulation, buying activities remain sluggish as many buyers have already stocked up sufficient inventories.
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08 Mar 2024

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Indonesia – Weekly PE Wrap Up - 07 Mar. 2024

In the meantime, the market sentiment swings drastically, driven by the concerns over the strong ethylene costs and several major shutdowns only to be pulled back by the lack of demand in China.
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22 Feb 2024

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Indonesia – Weekly PP Wrap Up - 22 Feb. 2024

Local industry players submitted a written petition to the Indonesian government appealing to the authority to postpone the implementation of the import quota for at least a year.
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22 Feb 2024

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Indonesia – Weekly PE Wrap Up - 22 Feb. 2024

While local producers maintained a firm stance on spot offers, the distribution market witnessed downward adjustments as a result of the emergence of forward-shipment cargoes.
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15 Feb 2024

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Indonesia – Weekly PP Wrap Up - 15 Feb. 2024

At the moment, the market is divided on the possible trend in the post-Lunar New Year period. While sellers expressed optimism over a continued firming trend citing strong upstream and freight costs; buyers are less bullish
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