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Opinion Insights From Industry Experts

CommoPlast CommoPlast Asia Sdn Bhd

[MEMBER] Morning Briefing - 2 August 2022

The Vietnamese homo-PP market remains on the stable to softening trend on the first trading day of August with buyers cautiously placing bids at below the $950/ton threshold citing the darkening global economic outlook that would weigh on the demand.

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CommoPlast CommoPlast Asia Sdn Bhd

[MEMBER] Morning Briefing - 28 July 2022

The stabilising local PVC market in China has had Asian market participants holding their breaths over the past several trading sessions. The question is: would this be a beginning of a stabilizing trend or another round of ‘rejoice in vain’ as it was at the beginning of June. This content is FREE on CommoPlast Official Channel on Telegram: https://t.me/commoplast

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CommoPlast CommoPlast Asia Sdn Bhd

[MEMBER] Morning Briefing - 27 July 2022

Discussions are that international suppliers have already depleted most of the on-hand stocks while an increasing number of producers are lowering operating rates to counterbalance the weak demand. As such, the market might have reached the cyclical bottom. This content is FREE on CommoPlast Official Chanel on Telegram: https://t.me/commoplast
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CommoPlast CommoPlast Asia Sdn Bhd

[MEMBER] Morning Briefing - 22 July 2022

The Southeast Asian PP holds largely unchanged toward the end of the week as buyers await steeper price reductions after deals for homo-PP have been done in the nearby China market at $950/ton CFR terms.
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CommoPlast CommoPlast Asia Sdn Bhd

[MEMBER] Morning Briefing - 21 July 2022

In spite of the rebound on the Dalian Commodity Exchange, spot PP and PE markets in China continue to gallop lower – a development that indicates the lack of confidence in the near-term outlook among market participants.
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CommoPlast CommoPlast Asia Sdn Bhd

[MEMBER] Morning Briefing - 20 July 2022

For the second trading day in a row, key contracts on Dalian Commodity Exchange settled in the green, boosting trading sentiment in the domestic spot market in China.
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CommoPlast CommoPlast Asia Sdn Bhd

[MEMBER] Morning Briefing - 19 July 2022

In Southeast Asia, new import offers were scarce on the first trading day of the week as overseas sellers took a step back, partly to assess the sustainability of the uptick in the nearby China market. This content is FREE on CommoPlast Telegram Official Channel: https://t.me/commoplast
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CommoPlast CommoPlast Asia Sdn Bhd

[MEMBER] Morning Briefing - 18 July 2022

Over the past week, import homo-PP offers to Vietnam and China have both reached new lows as supply remains comfortable while the demand shows little signs of improvement.
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