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News Insight & Analysis

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China Morning Snapshot – 29 April 2024
29 Apr 2024 Local producers accelerated sales to distributors in preparation for extra inventory accumulation during the Labour Day holiday. The remaining two days are expected to witness significant inventory digestion.
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29 Apr 2024

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29 April 2024 - Shenhua's coal-based PP and PE Auction Results

Shenhua achieved satisfactory auction results on the first trading day of the week, except for homo-PP grade, which witnessed a marginal drop from the previous session in terms of quantity.
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26 Apr 2024

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China Morning Snapshot – 26 April 2024

Meanwhile, buying sentiment remained bleak as the weekend approached as many market players were either on the sidelines or sourced hand-to-mouth materials only before Labour Day
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26 Apr 2024

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26 April 2024 - Shenhua's coal-based PP and PE Auction Results

The bulk of auctioned bids came from need-based purchases, mirroring the trend seen yesterday as many customers remained hesitant to accumulate excess stock ahead of the upcoming Labour Day holiday next Wednesday.
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25 Apr 2024

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25 April 2024 - Shenhua's coal-based PP and PE Auction Results

This collective stance served to mitigate any significant downward pressure on sales.
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22 Apr 2024

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Price List: Zhongjing maintains export PP offers stable for fourth straight week

The unchanged price point has held for four consecutive weeks now despite the highly volatile external environment.
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22 Apr 2024

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Indonesian producer raises PP and PE prices post-Raya break: Navigating exchange rates and maintenance turnarounds

The increment can be primarily attributed to two key factors: the depreciation of the Rupiah and the impending maintenance turnaround at a key local plant.
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22 Apr 2024

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China Morning Snapshot – 22 April 2024

Buying sentiment was sluggish, with only a few buyers making need-based purchases, while the majority hesitated due to the firmer price levels.
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