11 Nov 2020
Manufacturers here are not having high on-hand stock and decided to make replenishment as prices go softer.
10 Nov 2020
Indonesian buyers are becoming more and more reluctant in accepting the latest hike in domestic offers amid squeezed profit margins.
Transactions on the Shenhua Auction Platform pick up significantly this morning in line with the rebound in the international equity market following the positive news on the COVID-19 vaccines.
The market is expected to track the stable trend in the near term amid softer purchasing interest and low inventory pressure among local and international sellers.
09 Nov 2020
There is no clear timeline to when the company would be able to resume delivery at the moment.
It is expected that buyers would seek PP quantities in the import ground, leveraging the strong Rupiah in the coming days.
The number of real transactions on the auction platform remains mediocre on the first trading day of the week as players remain cautiously optimistic after the US general election.
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