May 29, 2023 5:36 p.m.
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Opinion Insights From Industry Experts

CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 29 May 2023

After two consecutive sessions of stabilising futures contracts on the Dalian Commodity Exchange, a couple of Chinese suppliers decided to introduce a firmer stance on export homo-PP offers.

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CommoPlast CommoPlast Asian Sdn Bhd

[FREE] Morning Briefing - 24 May 2023

In an interesting development, Malaysian homo-PP was concluded at below the $900/ton threshold in China, the first time such prices showed up in a couple of years.

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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 22 May 2023

Chinese suppliers have been struggling to deplete the bloating stocks as the demand at home and overseas fall sharply following the Labour Day holiday.
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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 17 May 2023

Buyers maintain buying ideas at $950/ton or lower for Chinese-origin homo-PP yarn and injection while claiming to see no support for a rebound in the near term.
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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 15 May 2023

A couple of regional suppliers have stepped up the effort to secure deals by cutting offers sharply, i.e. South Korean homo-PP injection dived $80/ton from the initial price list
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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 11 May 2023

Even at three-digit price levels, purchasing activities remain subdued as buyers fear further price reductions ahead.
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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 9 May 2023

Responses from Southeast Asian buyers remained subdued with buyers refusing to lift their buy ideas for Chinese yarn and injection cargoes above the $1000/ton threshold based on CIF terms.
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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 18 Apr. 2023

In the PP market, Southeast Asian buyers expect a stable to softer trend with cargoes previously priced at the upper end of the overall price range being more prone to downward pressure.
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