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Opinion Insights From Industry Experts

CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 20 July 2023

Despite the diverged pricing movement, prices below the $900/ton threshold are no longer available at the time of this report.

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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 19 July 2023

In China, the import PE market extended the firming trend regardless of the softening domestic market. Qatari cargoes saw a $10-30/ton gain week-on-week while Saudi Arabia materials registered a $20/ton hike.

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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 18 July 2023

Nevertheless, trading activities fell sharply as converters and arbitrage traders took a backseat to monitor further development, believing the recent rally might have reached the peak.
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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 17 July 2023

The Chinese PP and PE market ended the week of 14 July on a strong note as optimism surrounding more pro-growth measures from the government fueled the rally on Dalian Commodity Exchange.
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CommoPlast CommoPlast Asian Sdn Bhd

[FREE] Morning Briefing - 14 July 2023

A Singaporean producer is among the latest overseas sellers to announce a fresh price list for cargoes from Singapore, Saudi Arabia, and USA plants with a $15-20/ton increase. Responses are satisfactory.
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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 12 July 2023

The Chinese government also called for ‘greater economic and trade opening’ that fuels the advancement in the futures and stocks market.
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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 11 July 2023

In statistics news, China's local production outputs continued to recover in May as plants return from scheduled maintenance work.
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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 10 July 2023

In related industry news, Vietnam’s Long Son Petrochemical (LSP) is set to welcome a shipment of 50,000 tons of naphtha, which would allow the producer to kickstart the trial production at the cracker
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