19 Oct 2020
Players also reported the availability of more competitive South Korean cargoes in the market, which further discourages buyers from accepting the latest hike for Thai materials.
The contrast development between PP and PE market underlines the demand and supply condition in two sectors in Indonesia at the moment.
Transactions on the Auction Platform plunged drastically on the first trading day of the week compared to last week.
Transactions are slack on the first trading hours of the week despite the discounts available on both PP and PE cargoes.
16 Oct 2020 SPVC k67-68
Trading activities in India remain healthy as buyers preparing stocks ahead of the long holiday in November while supply from the international market tightened.
16 Oct 2020
Sales results on the auction platform turn mediocre on the final trading day of the week.
Chinese buyers are hoping to obtain further price cuts in the coming week as supply-demand might become more balance due to the arrivals of previously purchased cargoes.
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