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Opinion Insights From Industry Experts

CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 24 November 2022

Players cited the changes in the market situation (particularly the worsening COVID-19 outbreak) and the renewed depreciation of the Yuan as reasons for being more cautious.

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CommoPlast CommoPlast Asian Sdn Bhd

[FREE] Morning Briefing - 23 November 2022

Meanwhile, propane contract prices for December are expected to rise. As a result, all PP plant using propane gas will have to increase selling prices to cover the costs.

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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 22 November 2022

A key Taiwanese producer opened December PVC offers with additional reductions to Asian market, marking the eighth consecutive month of declines.
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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 21 November 2022

Regardless of the firming trend in the import market, the local Indonesian homo-PP market extended the weakening trend last week, with yarn and injection prices breached below the IDR 16,000,000/ton threshold ($1000/ton) for the first time since September 2020.
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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 18 November 2022

The good news is, in the span of 10 active trading days, many Asian PP suppliers managed to deplete a good number of cargoes to China, reducing inventory pressure substantially.
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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 16 November 2022

Sources expected international sellers to divert more allocation to China this month given the persistently sluggish purchasing interest in the nearby Southeast Asia market.
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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 15 November 2022

Obviously, with historically high production outputs, domestic availability for PP, PE, and PVC seems rather comfortable which has been pressurising spot prices in this market until recently.
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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 14 November 2022

The PP market is not the only sector enjoying the cheers from the latest lockdown easing in China. Apparently, deals for import ...
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