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Opinion Insights From Industry Experts

CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 9 January 2023

In addition, Chinese traders have been accelerating the effort to tackle the firming trend in other markets within Asia. A good number of export and re-export offers were observed in the range of $1010-1030/ton FOB China.

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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 5 January 2023

While the import homo-PP market in Southeast Asia remains on a stable to firmer trend, responses in each market underline diverged demand conditions.

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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 4 January 2023

Besides the concerns over the rising stock levels throughout the long holiday, the rising number of COVID-19 infection cases continues to cast shadows on the near-term demand outlook
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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 3 January 2023

The credit situation in Vietnam started to improve, which allows importers to resume purchasing US dollar-dominated cargoes.
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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 29 December 2022

Having said so, it is important to note that Indian buyers are more cautious in accepting higher price levels citing the heightening risks.
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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 28 December 2022

It becomes very challenging for overseas maker to introduce additional hikes on import homo-PP to China due to the soft domestic market.
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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 23 December 2022

The Chinese PP and PE market remained largely calm toward the end of the week while an increasing number of manufacturers in the Southern region temporarily shut down after a large of their workforce contracted the COVID-19 virus.
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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 21 December 2022

In Indonesia, the market remains calm as players here embraced the holiday mood. As reported earlier, many small-scale converters are letting workers go off as early as 20 December for the Christmas and New Year holidays, leading to a rather sluggish trading sentiment.
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