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Opinion Insights From Industry Experts

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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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 26 July 2023

A kneejerk reaction to the meeting results from the China Economic Work Conference in the late afternoon on Monday, 24 July helped local suppliers to deplete a considerable number of cargoes.
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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 25 July 2023

The Chinese PP and PE market showed a visible slowdown on the first trading day of the week as both sellers and buyers prefer to wait on the sidelines for a clearer market direction with the China Economic Work Conference taking place this week.
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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 24 July 2023

The latest data showed that in the first six months of 2023, China consumed about 16.8 million tons of PP, indicating a 5% growth from the same period last year despite the heightened economic challenges.
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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 21 July 2023

The Asian ethylene market hit the highest levels in six weeks amid thin discussion as buyers have mostly covered August production needs and prefer to wait on the sidelines.
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