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Morning Briefing - 01 Oct. 2025The Vietnamese PE market came under renewed pressure this week as reports surfaced of US-origin LDPE film slipping below the $1,000/ton threshold. |
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CommoPlast
Morning Briefing
01 October 2025
Brent: $67.02 (â $0.95)
WTI: $62.37 (â $1.08)
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Chinese homo-PP Market Inched Lower Heading Into Golden Week
China’s homo-PP market ended the short trading week on a weaker note, slipping by another CNY 50/ton as sellers accelerated October delivery offers before the extended National Day holiday. The latest decline pushed domestic prices closer to the historic lows last seen in April 2020.
Despite a string of planned and unplanned plant shutdowns in September and relatively manageable inventories, sentiment in the local market remained downbeat. “The production disruptions are too insignificant to create any major impact on the market. As long as exports remain sluggish, oversupply pressures at home will persist in the post-Golden Week,” a market source commented.
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US-origin LDPE film Breached Below $1000/ton Mark in Vietnam
The Vietnamese PE market came under renewed pressure this week as reports surfaced of US-origin LDPE film slipping below the $1,000/ton threshold, a development that has raised significant concern among regional players. The downturn followed recent declines in the Chinese market, reinforcing expectations that both regional and international suppliers may soon be compelled to lower their selling prices.
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