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Opinion Insights From Industry Experts

CommoPlast CommoPlast Asia Sdn Bhd

[MEMBER] Morning Briefing - 4 July 2022

Following the slump in the import homo-PP market, overseas suppliers started to cut import LLDPE film offers to Vietnam late last week – a move that seems surprising to many market participants given the tight supply condition for this grade. This article is FREE on CommoPlast's Official Telegram Channel: https://t.me/commoplast

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CommoPlast CommoPlast Asia Sdn Bhd

[MEMBER] Morning Briefing - 29 June 2022

The domestic PP and PE market in China inched higher for the second consecutive day thanks to the further lifting of COVID-19 containment measures in Beijing and Shanghai and the easing of quarantine requirements. This article is FREE on CommoPlast Official Telegram Channel: https://t.me/commoplast

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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 27 June 2022

As Shanghai declares victory over COVID-19 and Beijing gradually reopens schools, market players are cautiously optimistic that the demand would pick up. In the meantime, market participants hold a conservative stance to monitor further development.
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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 23 June 2022

While key PP and LLDPE contracts on Dalian Commodity Exchange extended the bear run to the tenth consecutive day, trading sentiment in the domestic ground shows signs of improvement. Apparently, buyers here are more interested in spot homo-PP and HDPE than LLDPE film at the moment.
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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 21 June 2022

An explosion that occurred at Sinopec Shanghai Petrochemical last Saturday that forced the company to take several PP and PE units offline does not seem to have any impact on the domestic spot PP and PE market in China.
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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 20 June 2022

Asides from the satisfactory sales results, the reductions mark the seventh consecutive days of decline that started to cause concerns among small to medium-scale traders as warehouses in the Southern region reach capacities.
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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 14 June 2022

Last week, one of US major retail chains – Target said the company would mark down unwanted items, cancel purchase orders, and move quickly to get rid of excess inventory. Other retailers, including Walmart and Home Depot, are facing similar issues.
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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 13 June 2022

The rapid falling naphtha costs ease costs pressure on the Asian naphtha cracking operators, but would it be enough to encourage higher operating rates when the downstream demand continues to dwindle?
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