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Opinion Insights From Industry Experts

CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 05 Feb. 2024

The Chinese PVC market tracked a diverged trajectory in the week ending 2 February 2024 with carbide-based PVC losing CNY100/ton while ethylene-based PVC added CNY50/ton.

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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 31 Jan. 2024

Thin profit margins have been discouraging Asian naphtha crackers from ramping up their operating rates while deep-seas cargoes once again face shipping challenges.

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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 30 Jan. 2024

Post-holiday market outlook is bullish at the moment. Sources cited the rising upstream costs, couple with the concerns over the supply crunch from the US are the primary support.
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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 16 Jan. 2024

In an official statement, the producer cited the “inability to secure sufficient container space” as a result of the shipping disruption in the Red Sea.
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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 20 Dec. 2023

In Indonesia, offers for non-dutiable Vietnamese homo-PP surged above the $1000/ton threshold for the first time in weeks
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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 14 Dec. 2023

Meanwhile, Middle Eastern LLDPE and LDPE film spiked $15-20/ton. The development closely mirrors the domestic market, where easing supply tightness weighs heavily on the HDPE sector.
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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 13 Dec. 2023

While cost pressure is on the rise, the stubbornly weak demand in China drags this market to multi-month lows and erodes confidence across the region.
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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 12 Dec. 2023

In China, the local PP and PE market kickstarted the week on a firm note with spot offers gaining another CNY50/ton from the previous week. Sources said that manufacturers in the agricultural film sector started to return to the market
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