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News Insight & Analysis

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25 July 2023 - Shenhua's coal-based PP and PE Auction Results
25 Jul 2023 With the government remaining vocal about supporting the economy following the Economy Work Conference on Monday despite having not announced any specific stimulus packages, buyers are hopeful that easing regulations in the property market would stimulate growth
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24 Jul 2023

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Price List: Zhongjing maintains export PP offers unchanged for another week

Over the past week, sales results in the export market have been disappointing, yet the low stock levels discourage the producer from making any downward adjustments.
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24 Jul 2023

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Malaysian PP and PE emerged in Indonesia on a mixed note

Market sources said the sharp reductions in PP random copolymers and LDPE cargoes clearly underline the state of demand for these grades, from which buyers are expressing buying ideas at way below the price list.
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24 Jul 2023

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Indonesian producer announced new PP, PE offers to the domestic market on a stable to firmer track

Several trading houses told CommoPlast of the lack of inquiries for spot HDPE and LLDPE film and many buyers would opt for further delivery schedules cargoes at more competitive prices.
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24 Jul 2023

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China Morning Snapshot – 24 July 2023

Despite the muted trading sentiment, local producers decided to maintain a firm stance on spot PP and PE cargoes to reflect the low inventory pressure.
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24 Jul 2023

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Another Saudi maker announced August PE offers to Asia with increases

In Vietnam, bids emerge at between $30-50/ton below the initial price list. The producer is scheduled to announce the final prices on Tuesday, 25 July.
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24 Jul 2023

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24 July 2023 - Shenhua's coal-based PP and PE Auction Results

Trading activity on the Shenhua auction platform descended at the start of the week despite auction prices for homo-PP being CNY20/ton lower while LLDPE was significantly reduced by CNY100/ton
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22 Jul 2023

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Saudi Arabia producer opens August PP, PE offers to Asia largely on a firm note

A key Saudi Arabia producer has reportedly opened August shipment offers for PP and PE to Asia largely with increases from July, taking advantage of the upward momentum in this region while supply is tight due to the recent production disruption.
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