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China Morning Snapshot – 12 December 2024
12 Dec 2024 The gains on the Dalian Commodity Exchange encouraged spot suppliers to adopt a more confident stance, testing a stable to firmer trend. However, market sentiment remained mixed. While buying interest in the LLDPE sector was buoyed by seasonal demand
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12 Dec 2024

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12 December 2024 - Shenhua's coal-based PP and PE Auction Results

According to market sources, this reduction stems from a strategic shift toward prioritizing offline sales to converters, allowing the producer to secure better profit margins. Additionally, Shenhua is reportedly withholding stock in anticipation of price increases in the near term.
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11 Dec 2024 PPH Inj PPH Raf

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Indonesian homo-PP market slides further as weak demand outpaces supply worries

Apparently, finished goods demand remains stagnant. Converters, especially in the woven bag industry, reportedly hold inventories sufficient for 30 to 60 days, curbing immediate buying interest. Locally sourced Malaysian homo-PP yarn continues to dominate the domestic market, eroding demand for imports.
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11 Dec 2024

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China Morning Snapshot – 11 December 2024

Trading in the LLDPE market revived after two days of sluggish activity, as stability in both futures and the spot market encouraged buyers to return to the market for replenishments. However, purchases remained need-based
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11 Dec 2024

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11 December 2024 - Shenhua's coal-based PP and PE Auction Results

Trading sentiment on the Shenhua Auction Platform closely mirrored mid-week developments on the Dalian Commodity Exchange. Transactions for coal-based homo-PP showed moderate weakening compared to the previous session
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10 Dec 2024 SPVC (A) k67-68

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Chinese PVC market stabilises at historic lows; export carbide-based PVC inches lower

Chinese suppliers surprised the market on the first trading day of the week by trimming export offers for carbide-based PVC by $5/ton, setting a new low despite a stabilising local market and optimism surrounding the Politburo meeting.
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10 Dec 2024 LD Film

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Chinese LDPE film market dwindles amid waning seasonal demand, improved supply

The Chinese LDPE film market continues to grapple with persistent headwinds, driven by a combination of diminishing seasonal demand and an improved local supply environment, exerting downward pressure on prices.
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10 Dec 2024

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China Morning Snapshot – 10 December 2024

In the spot market, six consecutive sessions of declining LLDPE futures, combined with an improving supply outlook from local plants resuming operations after maintenance, pressured sellers to lower LLDPE film prices by CNY 50/ton.
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