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Asia PP Daily: A wave of fresh supply pulls Indonesia down, crude's rebound unsettles the restA wave of freshly arrived import cargoes gave Indonesian buyers room to negotiate prompt homo-PP yarn down, even as the same producer hiked contract offers twice in a day on a rebound crude to $100/barrel, while China's export offers firmed on the same crude bounce despite a weak local market, Vietnam stayed wary of a rumoured US diesel export ban, and Malaysia's buyers weighed cheaper China cargoes against the risk of shipment delays. |
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