May 07, 2026 11:42 a.m.
Sign In | Register

Opinion Insights From Industry Experts

CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 4 April 2022

To further reiterate the extent of the downward pressure overseas sellers are facing in Southeast Asia, deals for South Korean and Chinese homo-PP are done at $20-30/ton below the levels observed earlier last week. Meanwhile, as the fasting month kickstart in Muslim markets, how bullish the demand outlook would be when the regional converters continue to face sluggish end-product businesses?

Title
CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 1 April 2022

In spite of the strong ethylene costs, PE sellers can no longer withstand the staring contest with the sluggish demand in Southeast Asia. Prices are being cut, still, sluggish responses. Surprisingly, demand in China is picking up. Are Chinese customers on a buying spree? Or not.

Title
Title
CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 31 March 2022

In related plant status news, a fire broke out at Maoming Petrochemical’s No. 2 cracker in Guangdong at 1.40 PM on 30 March 2022. It took the response team about half an hour to distinguish the blaze, but there were no injuries.
Title
CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 30 March 2022

Shanghai is under lockdown. Not only that demand in China’s largest city by population is falling rapidly, but delivery in and out of the city is described as ‘near to impossible’. Customers from both local and international markets shall expect delays in shipments until the city curb the current wave of outbreaks.
Title
CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 29 March 2022

Meanwhile, the lockdown in Pudong and Puxi areas in Shanghai has created a bottleneck on delivery, further pressuring traders here. Not only trucking is restricted, but several bonded warehouses have also suspended operations, locking up the cargoes. The condition could persist until early April.
Title
CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 28 March 2022

For Chinese suppliers, the near-term market outlook is so gloomy. The local outbreak has prompted the government to implement containment measures, causing many factories to temporarily shut down, hurting demand. Export market has been the primary focus over the past weeks, however, the Ramadan season is just around the corner, which mean buying interest from Muslim markets could weaken. In addition, the rise in shipping costs further narrows the export opportunity. The implication for Southeast Asian buyers is that: the reduced availability of Chinese materials means other sellers now face fewer hurdles in lifting prices to the full extent.
Title
CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 25 March 2022

The Southeast Asian petrochemical market is in mid of a very fluid development, pulling between the higher costs and slow end-product demand, not to mention all the pressure from the external environment. As such, caution is no extra and speculations carry too high risk with no guaranteed returns. At least in the coming week, market participants in the PP and PE sectors are not expecting any major changes in the trading condition. All eyes are on when could China quench the outbreak that would stimulate the demand.
Title
CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 24 March 2022

In comparison to the PP market, the number of transactions in the PE sector across Southeast Asia seems better due to the tighter availability. However, any attempt to lift HDPE and LLDPE film above the $1500/ton mark yield literally no results. Market players are watching out for the return of Chinese buyers once the current outbreak is put under control. Some are willing to hold onto the stock, hoping for a V-shape rebound. But would this high-risk business decision give high returns? It is for us to wait and see.
Previous « … 72 73 74 75 76 77 78 79 Next »
Daily Polyolefins Market
Weekly Overview