May 18, 2024 11:47 p.m.
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Opinion Insights From Industry Experts

CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 11 May 2023

Even at three-digit price levels, purchasing activities remain subdued as buyers fear further price reductions ahead.

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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 9 May 2023

Responses from Southeast Asian buyers remained subdued with buyers refusing to lift their buy ideas for Chinese yarn and injection cargoes above the $1000/ton threshold based on CIF terms.

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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 18 Apr. 2023

In the PP market, Southeast Asian buyers expect a stable to softer trend with cargoes previously priced at the upper end of the overall price range being more prone to downward pressure.
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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 13 April 2023

With the Northern Hemisphere markets entering the summer season coupled with the revival of the international tourism sector, players expect the PET bottle market to remain largely stable moving forward.
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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 12 Apr. 2023

In the PE market, Chinese buyers are resisting every effort from overseas sellers to increase import offers to this market.
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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 11 Apr. 2023

Meanwhile, for the first time in nearly twelve months, the total PP and PE stocks belonging to Sinopec and CNPC surged to above the 900,000 tons threshold - a clear indication of lethargic trading activities in the local market.
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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 22 Mar. 2023

While the overall trading sentiment across the Asia region remains soft on the second day of the week, there are plenty of signs that Chinese buyers are searching for the bottom prices.
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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 20 Mar. 2023

On the bright side, Chinese buyers became more willing to make additional replenishment following weeks of waiting on the sidelines as the latest prices were deemed less risky.
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