25 Nov 2020
There have not been any details on the new shutdown schedule, however, sources said that the company would likely to revive the overhaul in March 2021.
Chinese buyers appear to slow down a little compared to the previous days as prices on the auction platform hit new highs.
Woven bag manufacturers are reducing operating rates by at least 2 days/week to combat rising raw material prices and the inability to transfer the costs to the end-products.
24 Nov 2020
Sources said that the latest HDPE offers are relatively competitive, however, could reflect the actual demand condition in Indonesia at the moment.
Purchasing interest remains very healthy on the second trading day of the week, reflected in the strong number of deals.
It is reported that trading activities are strong in the domestic market even at higher prices compared to the previous day.
23 Nov 2020
However, the differential in the price hike between the two grades might indicate the diverse supply and demand situation.
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