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Opinion Insights From Industry Experts

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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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 9 March 2023

Asian market participants are waiting for a key Taiwanese producer to announce April PVC shipment offers and considering the dwindling demand in China and lack of buying appetite among Indian customers
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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 08 March 2023

Trading sentiment in China deteriorated sharply amid disappointing outcomes from the National People’s Congress, which kickstarted on Sunday, 5 March 2023...
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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 6 March 2023

In India, a key domestic producer announced an early bird discount of INR2,000/ton ($24/ton) on all PP cargoes being delivered between 1 March – 15 March as buying interest in this market remains weak ahead of the financial year-end closing.
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CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 3 March 2023

Weak demand caused local PVC inventories to pile up for seven consecutive weeks, which spark speculations that April PVC offers from a key Taiwanese producer might soften.
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