Apr 07, 2026 12:30 a.m.
Sign In | Register

Opinion Insights From Industry Experts

CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 21 March 2022

The Asian PP and PE market is at a tug of war. Converters are not receiving enough orders for end-products, forcing them to slow down replenishment activities while producers are facing intensifying costs pressure, yet unable to achieve full-scale increases. Meanwhile, export and re-export cargoes from China spoilt the scene. Buyers are magnetised to these cargoes to minimise replenishment costs, further pressurising other international suppliers.

Title
CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 18 March 2022

Some improvements are observed in the local China PP and PE market in the past trading day after the government vowed to support growth. However, the manufacturing sector remains struggling to maintain normal operating rates amid the COVID-19 outbreak. More producers are planning to cut operating rates to counterbalance the weak demand and high naphtha costs.

Title
Title
CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 17 March 2022

Following a stubborn period of following the uptrend regardless of the demand condition, local suppliers in Indonesia started to reduce spot PP and PE prices citing the cloudy outlook ahead. The question is how far could the Indonesian market, or the Southeast Asian market come down when the crude oil continue to linger around the $100/barrel mark and more producers are cutting operating rates?
Title
CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 16 March 2022

All eyes are on the China market at the moment. The latest outbreak has put many cities across the Eastern and Southern region in China into some kind of lockdown, curtailing demand significantly. Chinese sellers are facing increased inventory pressure despite the heavy operating rate cuts. One might suggest export. Well, it is not easy when international buyers are also gauging the impact of the drop in crude oil prices and the weak demand in China.
Title
CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 15 March 2022

The worsening COVID-19 outbreak coupled with the falling crude oil prices started to cast a negative impact on the general market sentiment across the Asia region. It is expected that trading activities in the domestic China market would remain sluggish in the next one to two weeks as more cities go under lockdown. As such, would Chinese sellers adopt a more aggressive stance in pushing PP and PVC cargoes to the export ground, especially when local stocks are piling up?
Title
CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 14 March 2022

The worsening COVID-19 outbreak in China threatens the near-term demand outlook as the government started to lockdown cities to break the infection chains. Regional players prefer to wait on the sidelines amid the highly fluctuating market, especially with the recent drop in crude oil prices that started to impact the downstream naphtha costs. More producers are planning to lower operating rates at their steam crackers due to negative profit margins.
Title
CommoPlast CommoPlast Asia Sdn Bhd

[FREE] Morning Briefing - 10 March 2022

As OPEC+ member - the United Arab Emirates called on other producers to increase production outputs and Ukraine said it is ready to resolve the war with Russia by diplomacy, the crude oil market nosedived. Players are waiting to see the impact on the petrochemical market. In the meantime, Asian naphtha-based producers are under tremendous costs pressure and the choices are clear: lifting selling prices or cutting operating rates substantially.
Title
CommoPlast CommoPlast Asia SDN BHD

[FREE] Morning Briefing - 9 March 2022

The uptrend in the Asian polyolefin market is very much anticipated looking at the skyrocketing upstream crude oil and monomers prices. However, buyers are not ready to accept either PP or PE above the $1500/ton threshold, which was signified by the price cuts from a key Saudi Arabia producer. Meanwhile, movement in the PVC market has been limited compared to PP and PE, and players are anxiously waiting for the new price announcement from a key Taiwanese maker.
Previous « … 71 72 73 74 75 76 Next »
Daily Polyolefins Market
Weekly Overview