bearish
Indonesian And Thai Factories Stopping Production Due To Poor Margins
3 Views10 Jul 2023 13:43
Market intelligence suggests that overall sentiment in the market remains poor with buying interest being tepid. Offers for Indonesian and Thai grades today remain range bound for the week. AFR10 prices are still put under pressure due to a huge volume being available in the market. A part of this volume was being offered in China at competitive prices, potentially displacing some STR exports to China. Market participants expect demand from China to remain weak in the months ahead due to macroec
What is covered in the Full Insight:
- Introduction
- Current Market Conditions
- Impact of Production Stoppages
- Oversupply Dynamics
- Signs of Easing Oversupply
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