Indonesia PE market muted as the country gears up for election

摘要

SINGAPORE (ICIS)--Indonesia's polyethylene (PE) market has slowed down in recent weeks amid uncertain outlook, as the country gears up for the upcoming election on 17 April and is likely to stay subdued ahead of the Muslim fasting month of Ramadan. Buyers shunned purchasing both PE imports and local cargoes ahead of the presidential and parliamentary elections on Wednesday.