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Opinion Insights From Industry Experts

Rochelle Nguyen CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 09 July 2024

Local traders and international suppliers are expected to soon feel the impact of these drastic price cuts. Meanwhile, buyers are likely to adopt a wait-and-see approach, withdrawing to the sidelines until the market stabilizes.

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Rochelle Nguyen CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 02 July 2024

Despite the local market facing shortages of several key grades due to delays in import arrivals, buyers are in no hurry to procure additional cargoes.

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Rochelle Nguyen Commoplast Asia Sdn Bhd

[FREE] Morning Briefing - 01 July 2024

Saudi Arabian producers set final PE prices for July loading to Vietnam with discounts of $10/ton on LLDPE film and $20-30/ton for HDPE film, underlining the general weakness in the HDPE sector.
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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 27 June 2024

Meanwhile, ocean freight rates from China to certain routes have started to ease, suggesting that the recent upsurge might have peaked.
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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 26 June 2024

Discussing with CommoPlast, a flexible packaging converter assessed the market outlook while planning to make larger purchases toward the end of July, hoping to obtain further discounts, in line with the expected easing ocean freight rates.
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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 25 June 2024

There were mixed movements in the Chinese LDPE film market at the start of the week. The local market's uptrend persisted due to significant supply constraints of ready stock cargoes.
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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 24 June 2024

The homo-PP market in the Northern Vietnam region has been traded well below the Southern region for months. Market sources said it only makes sense for the Northern market to catch up with the overall trend now.
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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 19 June 2024

In the meantime, spot LLDPE film offers in this market were unchanged from the previous week while HDPE fell slightly, which shed light onto the state of demand for each grade.
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