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Opinion Insights From Industry Experts

CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 15 February 2023

Following the price reductions pioneered by a key Qatari producer on the first trading day of the week, a Thailand maker follow suit to slash import LLDPE film offers to China by $45/ton as the demand in this market fails to improve weeks after the Lunar New Year holiday.

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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 14 February 2023

Indonesian customers have stocked up the necessary cargoes since late January while Ramadan demand has not shown a strong uptick.

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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 7 February 2023

The weaker-than-expect post-holiday demand in China is driving Chinese sellers to explore the export market, and their offers are now making up the lower end of the overall price range across the Asia region.
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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 6 February 2023

On the other hand, the rising upstream propylene costs limit producers’ ability to make large adjustments to entice demand. Market sources are not expecting any drastic price swings ahead.
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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 3 February 2023

On the bright side, several Chinese suppliers reported seeing an uptick in inquiries from South American buyers, with deals done for homo-PP yarn, injection, and fibre at $1110/ton FOB China.
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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 01 February 2023

For the first time since CommoPlast recorded inventory data, the total PP and PE stocks at Sinopec and CNPC’s warehouses piled up to less than 1 million tons after the Lunar New Year holiday
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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 31 January 2023

The Chinese PP and PE market resumed trading following the weeklong Lunar New Year holiday on a strong note, extending the bullish sentiment prior to the break.
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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 30 January 2023

Over the past week, non-dutiable Vietnamese homo-PP rose $50/ton while Malaysian materials surge $80/ton in this market.
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