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Opinion Insights From Industry Experts

CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 12 October 2022

In Southeast Asia, new import PE offers are scarce as overseas sellers have already wrapped up October businesses and currently preparing for November shipment offers.

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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 11 October 2022

Officially returned to their desks on Monday, 10 October 2022, Chinese buyers portrayed a rather healthy buying interest for LLDPE film cargoes, both locally and from imports.

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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 10 October 2022

International benchmarks for crude oil rallied for the fifth consecutive session on Friday, 7 October 2022 on the back of intensifying supply concerns after OPEC and allies agreed to cut production outputs by 2 million barrels per day in November.
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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] 4 October 2022 - Morning Briefing

In the PVC market, a major Indonesian producer unexpectedly slashed October PVC offers by $60/ton from the previous month despite the stabilizing trend observed across the Asia region.
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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing- 3 October 2022

Traders are scouring both local and import grounds for competitive parcels in expectations that the post-holiday demand conditions might actually pick up
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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 28 September 2022

In China, there are still no signs of strong pre-holiday replenishment activities. The falling Dalian Commodity Exchange forced domestic sellers to step back on the spot PP and PE prices by CNY50-100/ton from the previous session, yet transactions are mediocre.
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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 27 September 2022

Exchange rates would not be an issue if local suppliers could lift offers in tandem. At the moment, increasing prices proved to be easier said than done.
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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 26 September 2022

According to industry participants, buy ideas for ethylene among Northeast Asian buyers are well below the $900/ton threshold at the moment. Looking ahead, market sources do not see many supports for the downstream sector in the final quarter of the year, hence, minimizing the risks of building stocks.
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