15 Jan 2021 ABS Inj (Natural)
The reduction is in line with the on-going price correction cycle across the Asia market due to the stiff resistance from buyers coupled with the falling upstream costs.
15 Jan 2021
The producer reduces the auction volume for homo-PP substantially from the previous days.
Suppliers informed of having achieved a good number of deals without much negotiation as buyers gradually accept the higher spot prices.
14 Jan 2021 PPH Raf
At the moment, Chinese suppliers are monitoring the sustainability of improving local demand conditions, which sellers use to determine whether to reduce export prices.
14 Jan 2021
Transactions on the auction platform remain healthy this morning even at higher price levels compared to the previous day
In the meantime, more cities are entering lockdown that hurdle the logistic of both raw materials and finished products this week.
13 Jan 2021
Many other traders attempted to maintain prices above the IDR 20,000,000/ton mark with very limited transactions observed.
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