Apr 15, 2025 10:12 p.m.
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Opinion Insights From Industry Experts

Derek Yong CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 12 February 2025

The Chinese homo-PP export market stood on a stable-to-firmer track since the previous week, leveraging constraints in Southeast Asia supply. This pricing strategy may signal a shift in focus toward neighboring markets, particularly as freight rates to distant destinations, such as Latin America, have risen.

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Derek Yong CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 10 Feb. 2025

The Chinese LLDPE film market continued its downward trajectory, extending losses from the pre-Lunar New Year period. According to data from CommoPlast, spot offers on an EXW China basis have now fallen to their lowest levels since late September 2024, with no immediate signs of a rebound.

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Derek Yong CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 07 Feb. 2025

the Vietnamese import PE market received limited new offers in the week following the Lunar New Year holiday. Among the few new offers, a Middle Eastern producer raised LLDPE film offers by a significant margin compared to January’s price list.
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Derek Yong CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 06 Feb. 2025

Trading activity in China’s local PP and PE markets remained sluggish post-Lunar New Year, as participants grappled with escalating US-China trade tensions and an unexpectedly rapid rise in domestic inventories. During the weeklong break, CNPC and Sinopec’s combined stock surged over the critical 800,000-ton threshold
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Derek Yong CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 05 Feb. 2025

Of greater concern to market participants is the potential fallout for LPG (propane and butane), which plays a critical role in China’s petrochemical sector. As the world’s largest propane importer, China remains heavily reliant on US exports—the world’s largest propane supplier.
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Derek Yong CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 04 Feb. 2025

Typically, demand for PET bottles strengthens toward the end of the first quarter as the industry ramps up preparations for the summer season. With the Chinese market set to reopen on 5 February, market participants are closely watching buyer reactions to these shutdowns, which could set the tone for near-term market direction.
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Derek Yong CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 03 Feb. 2025

Data showed that at least four new PDH units in China, with a combined nameplate capacity of 3.06 million tons, are scheduled to commence operations in the first half of 2025. Speculation persists that these startups may face delays
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Rochelle Nguyen CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 27 Jan. 2025

The Southeast Asian market's key development on the final trading day of the previous week was the reduced availability of HDPE film in the domestic Malaysian market. A string of local production disruptions constrained spot supply, prompting traders to push selling prices higher despite the looming Lunar New Year holiday, which typically dampens trading activity.
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