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News Insight & Analysis

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05 March 2025 - Shenhua's coal-based PP and PE Auction Results
05 Mar 2025 Despite price adjustments, buyers maintained a cautious, hand-to-mouth purchasing approach. While LLDPE transaction volumes appeared to rise by 33%, a closer look revealed that allocations had been cut by 32%, leaving actual buying activity largely unchanged from the previous day.
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04 Mar 2025

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Malaysian producer lifted March PP, PE offers to local market amid supply tightness

Production constraints continue to disrupt supply, compounding market concerns. Several Malaysian PP and PE plants have faced operational setbacks since early 2025, significantly tightening availability.
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04 Mar 2025 SPVC k67-68

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Indonesian PVC maker rolled-over March offers for local market; weak demand persists

While the rollover aligns with the stable international pricing approach adopted by a key Taiwanese producer for March, Indonesian buyers have voiced strong dissatisfaction. The combination of a persistently sluggish end-product demand and the availability of more competitively priced Chinese cargoes
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04 Mar 2025 PET Bottle

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Indonesian PET bottle market tracked stable to softer trend amid steady Ramadan demand

The Rupiah depreciated to a historic low in early March, reaching IDR 16,524 per US dollar, driven by escalating global trade tensions. Under typical market conditions, such currency weakness would exert upward pressure on domestic commodity prices.
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04 Mar 2025

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China Morning Snapshot – 04 March 2025

The most actively traded PP and PE contracts on the Dalian Commodity Exchange closed the morning session lower, weighed down by declining crude oil prices. Market sentiment weakened further amid escalating US–China trade tensions,
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04 Mar 2025

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04 March 2025 - Shenhua's coal-based PP and PE Auction Results

The slowdown in purchasing activity was particularly evident in the LLDPE sector, where transaction volumes weakened despite reduced allocations. Only 54.6% of available cargoes were sold, marking a 40.1% drop from the previous morning session.
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03 Mar 2025

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Indonesia's HDPE market climb for third straight week, market scepticism grows

A major Indonesian PP and PE producer has triggered market debate with a sharp increase in domestic HDPE prices for the third consecutive week, pushing average HDPE film prices to a near eight-month high.
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03 Mar 2025 SPVC k67-68

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Chinese PVC market continued to struggle in finding direction amid dwindling local and overseas demand

Chinese officials are set to convene on 4-5 March 2025 in Beijing for the annual Two Sessions Meeting, where the economic framework for the year will be outlined. Industry analysts, as reported by Bloomberg, anticipate that the government will set a growth target of approximately 5%.
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