22 Sep 2020
Chinese bidders decided to slow down on the second trading day of the week to monitor further development.
Customers are negotiating very fiercely for discounts, yet suppliers maintain a rather firm stance amid the lack of inventory pressure.
21 Sep 2020
Several other buyers prefer to wait on the sideline for more offers from regional suppliers before making decisions.
There has not been any major improvement in terms of buying interest among Indonesian buyers as the sustainability of the current uptrend remains questionable.
It appears that Chinese bidders are active on the first trading day of the week, reflecting in the high number of deals achieved on the auction platform.
Sentiment in the domestic spot market continues to show improvement with more customers are willing to inquire for new offers and making new purchases.
18 Sep 2020
Buyers are generally waiting for more suppliers to open new price lists before making decisions while monitoring closely the movement in the nearby China market.
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