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Indonesian Traders Adjusted PP Homo Raffia Offers Following The Decision Made By The Leading Polyolefins Producer

Significant decreases in import offers compared to before holiday, weekly stable The lowest offers in the market were for localized PP Homo Raffia from Malaysia Market players are expecting further corrections for upcoming week’s offers Based on market players’ report…

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Indonesian Market Players Expect Further Price Adjustment To Boost PP Demand After The Long Holiday

A downward trend persists in the local and import PP Homo Raffia offers Significant adjustment on Middle Eastern and Vietnamese cargoes Market players expect a further reduction in the upcoming weeks   Market players contacted by SSESSMENTS’ team reported on…

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Buyers In Indonesia Halted Procurements For PP Homo Raffia As Festive Days Approaching

Market players in Indonesia reported to SSESSMENTS that local and localized PP Homo Raffia offers in the country were stable compared to a week earlier. Offers for PP Homo Raffia from the leading polyolefins producer in Indonesia remained unchanged from…

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Offers For Middle Eastern And Vietnam PP Homo Raffia Cargoes To Indonesia Moving On Opposite Direction

Due to the depreciation of Rupiah against the US Dollar, offers for local PP Homo Raffia in Indonesia has increased between IDR100,000-110,000/ton ($6.9-7.6/ton) compared to last week. Market players informed SSESSMENTS that offers at IDR17,900,000/ton ($1,239/ton) for local material from…

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Currency Depreciation Hampers PP Demand In Indonesia, Previous Year’s Trend Not Seen Yet

On a weekly basis, offers for PP Homo Raffia in Indonesia had gradually increased due to currency depreciation. Cargoes for local PP Homo Raffia increased between IDR100,000-200,000/ton ($6.9-14/ton), while in USD denomination by $10/ton compared to last week. Likewise, localized…

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