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Opinion Insights From Industry Experts

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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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 4 November 2022

There have been discussions that there are simply no other markets throughout Asia that can absorb the cargo at the moment, hence, sellers have very limited alternatives for attracting deals.
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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 1 November 2022

Bearing expectations for a cloudy outlook ahead, Chinese buyers prefer to approach new offers cautiously.
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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 31 October 2022

Pengerang Integrated Complex (PIC) houses the Pengerang Refining and Petrochemical (PRefChem), which has just started to offer on-spec PP and PE cargoes in recent weeks.
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