May 02, 2025 5:40 a.m.
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Opinion Insights From Industry Experts

Derek Yong CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 15 Apr. 2025

A growing volume of re-exported PE cargoes from China has begun to surface in the Vietnamese market over the past week, as sellers divert shipments to more profitable destinations in response to the escalating US-China trade tensions.

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Derek Yong CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 14 Apr. 2025

Chinese converters remain under intense pressure as the United States formalised reciprocal tariffs on Chinese imports, now set at a staggering 145%. The move has triggered a wave of order cancellations from American buyers

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Derek Yong CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 11 Apr. 2025

China’s spot PP and PE markets experienced a tentative lift in sentiment, following the US government’s unexpected decision to stall reciprocal tariffs on most trading partners. Buying interest improved as fears of an immediate global economic slowdown cooled
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Derek Yong CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 10 Apr. 2025

In a rare contrarian move, select Vietnamese traders stepped in to snap up cargoes, viewing the sharp correction as a fleeting opportunity to replenish inventories at bargain prices.
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Derek Yong CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 09 Apr. 2025

Despite heightened anxiety across Asia over the deepening global trade war, Chinese PP exporters remained largely unfazed, adopting a measured approach to pricing. Offers were trimmed by a modest $7/ton week-on-week
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Derek Yong CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 07 Apr. 2025

However, market sentiment took a sharp downturn following the US announcement of reciprocal tariffs, casting a shadow over the near-term demand outlook and stoking fears of an intensifying trade conflict.
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Derek Yong CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 04 Apr. 2025

Trading activities in the Vietnamese PP and PE market came to a near standstill on 3 April following the US’s announcement of sweeping reciprocal tariffs totalling 46% on Vietnamese exports.
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Derek Yong CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 03 Apr. 2025

China’s PET exporters reversed course on the previous week’s rebound, necessitated by the need to compensate for the rising shipping costs and persistently sluggish demand. The $5/ton reductions were aimed at facilitating transactions amid the absent of buyers from key Muslim-majority market.
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