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News Insight & Analysis

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Chinese PET bottle market extends gains amid upstream cost pressures; uncertainty looms
22 Feb 2025 As reported earlier, large-scale buyers in the beverage sector have procured tens of thousands of tons of PET bottle resin during the downswing in December for February delivery. With suppliers now focusing on fulfilling these commitments, immediate sales pressure has subsided.
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22 Feb 2025 LD Film

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Chinese LDPE film market surges to two-month high on tight supply, stronger demand

Overseas suppliers have begun capitalizing on the bullish momentum in the local market to strengthen import offers to China. Market participants are closely assessing China's response to determine potential ripple effects in other markets.
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21 Feb 2025

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China Morning Snapshot – 21 February 2025

The domestic spot market has not witnessed any major changes on the final trading day of the week. Minor price adjustment of CNY 50/ton on PP and PE cargoes has limited impact on purchasing activities
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21 Feb 2025

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21 February 2025 - Shenhua's coal-based PP and PE Auction Results

Trading activity on the Shenhua Auction Platform remained stable despite persistent weakness in the futures market. The marginal increase of CNY 40/ton in LLDPE auction prices had minimal impact on overall transaction performance compared to the previous session.
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20 Feb 2025

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Saudi major leads march PE price hikes in Vietnam amid intensifying supply tightness

While market response to the latest HDPE and LDPE offers has been tepid, the sharp cut in LLDPE supply has triggered a degree of panic buying. Given the maker’s position as Vietnam’s largest LLDPE supplier, the severe reduction in volume
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20 Feb 2025

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China Morning Snapshot – 20 February 2025

Spot offers remained stable despite the dwindling futures contracts on the Dalian Commodity Exchange. Supplier confidence was bolstered by planned maintenance shutdowns at local plants in the second quarter
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20 Feb 2025

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20 February 2025 - Shenhua's coal-based PP and PE Auction Results

Trading activity on the Shenhua Auction Platform softened slightly, weighed down by weaker key futures contracts on the Dalian Commodity Exchange. However, a reduced auction allocation helped mitigate the impact
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19 Feb 2025

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China Morning Snapshot – 19 February 2025

Spot PP and PE sellers held offers stable to slightly firmer, in line with trends on the Dalian Commodity Exchange. In the LLDPE sector, a CNY50/ton increase was implemented in anticipation of the upcoming spring sowing season
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