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Opinion Insights From Industry Experts

CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 23 Aug. 2023

Data from CommoPlast showed spot LDPE film traded in the local China market hit 2023’s all-time highs with market participants expecting the firming trend to persist in the near term.

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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 16 Aug. 2023

Following months of trailing behind other grades, the Vietnamese LDPE film market started to pick up sharply, regaining its supposed premium over HDPE and LLDPE film offers.

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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 7 August 2023

Data from CommoPlast showed in the first six months of 2023, China added 14 new PP plants with a combined capacity of about 5 million tons per annum.
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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 4 August 2023

Supply tightness for this grade coupled with stable demand in the nearby Indian market gives regional and international suppliers leverage in price discussions.
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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 01 August 2023

A major Thailand producer kickstarted the week with a $20/ton hike on import PE offers to China. The price list showed spot HDPE and LLDPE film based on CFR China term is now well above the $1000/ton threshold.
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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 26 July 2023

A kneejerk reaction to the meeting results from the China Economic Work Conference in the late afternoon on Monday, 24 July helped local suppliers to deplete a considerable number of cargoes.
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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 25 July 2023

The Chinese PP and PE market showed a visible slowdown on the first trading day of the week as both sellers and buyers prefer to wait on the sidelines for a clearer market direction with the China Economic Work Conference taking place this week.
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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 24 July 2023

The latest data showed that in the first six months of 2023, China consumed about 16.8 million tons of PP, indicating a 5% growth from the same period last year despite the heightened economic challenges.
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