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Opinion Insights From Industry Experts

CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 30 Aug. 2023

This week, the rapid appreciation of the US dollar sends the Vietnamese Dong to the lowest levels in months, further dampened the already dwindling purchasing interest for import cargoes.

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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 28 Aug. 2023

A couple of international suppliers decided to down-adjusted the import LLDPE film offer to China at the end of the previous week as demand for this grade saturated following weeks of rallying.

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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 25 August 2023

As the Indian market embraces the preparation for Diwali demand, trading activities here have been improving. In addition, the implementation of Indian Standard (BIS) on the import of PE and EVA cargoes this October also scared buyers into restocking
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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 23 Aug. 2023

Data from CommoPlast showed spot LDPE film traded in the local China market hit 2023’s all-time highs with market participants expecting the firming trend to persist in the near term.
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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 16 Aug. 2023

Following months of trailing behind other grades, the Vietnamese LDPE film market started to pick up sharply, regaining its supposed premium over HDPE and LLDPE film offers.
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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 7 August 2023

Data from CommoPlast showed in the first six months of 2023, China added 14 new PP plants with a combined capacity of about 5 million tons per annum.
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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 4 August 2023

Supply tightness for this grade coupled with stable demand in the nearby Indian market gives regional and international suppliers leverage in price discussions.
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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 01 August 2023

A major Thailand producer kickstarted the week with a $20/ton hike on import PE offers to China. The price list showed spot HDPE and LLDPE film based on CFR China term is now well above the $1000/ton threshold.
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