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News Insight & Analysis

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China Morning Snapshot – 11 December 2023
11 Dec 2023 Market sentiment was rather sluggish throughout the early hours of the first trading day as buyers remained on the sidelines to assess the possible pricing direction before engaging in purchases.
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11 Dec 2023

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11 December 2023 - Shenhua's coal-based PP and PE Auction Results

Thanks to the resilient futures contracts on the Dalian Commodity Exchange, the Shenhua auction platform kickstarted the week on a strong note.
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08 Dec 2023 PET Bottle

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Local producer resumes cutting PET bottle offers in Indonesia, mixed movement in the import market

Following a brief stabilisation, an Indonesian PET bottle producer resumed cutting spot offers to the domestic market as the heavy influx of overseas supply weighs on the sentiment amid the falling energy complex.
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08 Dec 2023

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Indian producer lifted local PP offers for the second time in two weeks

Several key international suppliers reported having achieved satisfactory transactions in India this week with at least one Middle Eastern producer claiming to sell out December allocations.
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08 Dec 2023

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China Morning Snapshot – 08 December 2023

In response to the firmer market note, local sellers predominantly increased prices this morning. However, buyers exhibit resistance to the higher offers, particularly as the weekend approaches.
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08 Dec 2023

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08 December 2023 - Shenhua's coal-based PP and PE Auction Results

Despite the apparent decrease in auction price for homo-PP, market players clarified that this was due to additional cargoes from a northern warehouse entering the auction.
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07 Dec 2023

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07 December 2023 - Shenhua's coal-based PP and PE Auction Results

As the Shenhua attempted to lift auction prices to reflect the minor rebound on the Dalian Commodity Exchange, the number of deals achieved in today’s session dropped slightly from the previous day.
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06 Dec 2023

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International suppliers lifted import homo-PP offers to Indonesia on firmer domestic market

As the uptrend in the local Indonesian homo-PP market extended to the second week, international suppliers started lifting their offers, effectively halting the three-month losing streak.
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