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Opinion Insights From Industry Experts

Derek Yong CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 04 Feb. 2025

Typically, demand for PET bottles strengthens toward the end of the first quarter as the industry ramps up preparations for the summer season. With the Chinese market set to reopen on 5 February, market participants are closely watching buyer reactions to these shutdowns, which could set the tone for near-term market direction.

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Derek Yong CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 03 Feb. 2025

Data showed that at least four new PDH units in China, with a combined nameplate capacity of 3.06 million tons, are scheduled to commence operations in the first half of 2025. Speculation persists that these startups may face delays

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Rochelle Nguyen CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 27 Jan. 2025

The Southeast Asian market's key development on the final trading day of the previous week was the reduced availability of HDPE film in the domestic Malaysian market. A string of local production disruptions constrained spot supply, prompting traders to push selling prices higher despite the looming Lunar New Year holiday, which typically dampens trading activity.
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Rochelle Nguyen CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 24 Jan. 2025

International suppliers could potentially offset seasonal lulls in China and Southeast Asia by tapping into the Indian market, where demand for PP and PE has shown tentative signs of improvement over the past week. However, buying activity remains cautious, with Indian buyers being selective regarding grades and pricing.
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Rochelle Nguyen CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 23 Jan. 2025

The Chinese PVC market maintained its upward trajectory this week, despite a noticeable decline in local trading sentiment driven by reduced downstream activity ahead of the Lunar New Year holiday. Key suppliers raised export offers by $15/ton compared to the previous week
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Derek Yong CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 22 Jan. 2025

In an interesting development, Chinese PET bottle suppliers decided to lift export offers by $5/ton at the start of the week, citing support from the stronger upstream costs and reduced inventory pressure. The audacious pricing decision was in contrast to the continued softening trend observed on the domestic front.
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Rochelle Nguyen CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 21 Jan. 2025

Trading sentiment in the Vietnamese homo-PP market exhibited a slight improvement at the start of the week, as buyers sought competitively priced parcels ahead of the weeklong Lunar New Year holiday. A good number of transactions involving Chinese and South Korean cargoes were recorded
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Rochelle Nguyen CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 20 Jan. 2025

The Chinese and Southeast Asian LLDPE film markets are exhibiting divergent trends driven by contrasting regional dynamics. In China, a rising supply outlook exacerbated by the holiday lull has significantly dampened trading activity, leading to a sharp price correction in the domestic market.
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