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Opinion Insights From Industry Experts

CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 30 Oct. 2023

In Vietnam, several Chinese suppliers agreed to close deals for import homo-PP yarn below the $950/ton threshold

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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 27 Sept. 2023

In Vietnam, the homo-PP market started the week on a mixed note, however, more Chinese sellers softened their stance on spot cargoes

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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 26 Sept. 2023

On the other hand, Indonesian manufacturers in the packaging sector started witnessing a sharp drop in new orders stemming from the stuttering macroeconomic conditions.
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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 21 Sept. 2023

Market participants are monitoring closely the prospect of the post-Golden Week demand conditions, with several buyers highlighting the possibility of a moderate price correction due to higher inventory pressure among Chinese sellers that buildup throughout the long holiday.
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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 20 Sept. 2023

With key LLDPE contracts on the Dalian Commodity Exchange surging to 2023’s all-time highs, Chinese arbitrage traders rushed to the spot market to secure additional cargoes, creating a rather active sentiment on the second day of the week.
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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 18 Sept. 2023

Data from CommoPlast showed mixed pricing development in the domestic PE market in China with limited supply continuing to elevate the LDPE film sector while the LLDPE film market is regarded as the weakest performing grade
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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 14 Sept. 2023

Pre-holiday replenishment activities continue to take place in the domestic PP and PE market in China, though the latest round of price hike bumped into stiff resistance from buyers here
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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 13 Sept. 2023

The Asian naphtha market is now at six-month highs on the back of surging crude oil prices that exert strong upward pressure on the ethylene and propylene market.
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