In Southeast Asia, PP prices followed a stable to softer trend over the past week while trading activity was limited as most buyers are keeping to the sidelines in anticipation of seeing further reductions over the short term. A woven bag manufacturer in Indonesia said that they received an offer for Saudi Arabian raffia at $850/ton CIF while adding that they are not planning to replenish at this level as they believe that prices still have room to move down. A trader reported receiving an offer for Southeast Asian raffia at $920/ton CIF, commenting, "We are making frequent purchases in small quantities in response to steadily declining prices and we are thinking of slowing down the frequency of our purchases as our stock levels are getting a bit high."