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Opinion Insights From Industry Experts

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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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 20 December 2022

The Chinese PP and PE markets were calm on the first trading day of the week as market participants struggled to cope with the rising number of COVID-19 infection cases both within and outside of their organizations.

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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 19 December 2022

There were not any major changes in trading sentiment across the Southeast Asia region. Sources said that Thai buyers were active the week before, but started to resist import homo-PP prices above the $1000/ton threshold.
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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 15 December 2022

Thailand HDPE film has been immediately concluded for 500 tons while buyers are attempting to negotiate for some discounts with other sellers.
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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 14 December 2022

Responses from Vietnamese customers were unavoidably weak. Many converters in the country are operating at substantially lower rates due to the lack of end-product orders
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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 13 December 2022

In Southeast Asia, new offers are limited on the first trading day of the week ahead of January price announcements. Expectations are that overseas sellers might attempt to implement at least $20-30/ton hikes
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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 12 December 2022

In spite of the fact that key PP and LLDPE contracts on the Dalian Commodity Exchange fell three out of five trading sessions last week and the concerns over the aftermath of the rapid COVID-19 controls
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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 8 December 2022

Trading sentiment in the domestic PP and PE market in China started to dim as players take a step back to assess the market outlook following the rapid easing of COVID-19 control measures while the vaccination program has not been completed.
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