CommoPlast CommoPlast Asia Sdn Bhd
[FREE] Morning Briefing - 8 March 2022
International benchmarks for crude oil continues to march higher on the first trading day of the week, putting petrochemical suppliers under intensifying cost pressure. Producers are implementing various strategies to protect their bottom lines, from lifting prices sharply to reducing contract allocation, to suspending all offerings. Manufacturers are just not ready to follow the hikes given the still sluggish end-product businesses.