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News Insight & Analysis

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Chinese homo-PP inches lower in Vietnam, creating confusion in the market
10 Jan 2024 However, the two consecutive downward price adjustments this week from Chinese sellers signal the possibility that the recent rally might have reached a peak.
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10 Jan 2024

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China Morning Snapshot – 10 January 2024

Despite the slower inventory digestion rates, sources said the current stock levels are well under control, which discourages producers from introducing any drastic price reductions
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10 Jan 2024

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10 January 2024 - Shenhua's coal-based PP and PE Auction Results

Following two consecutive sessions of dwindling sales results, Shenhua continued to lower auction prices for LLDPE by CNY50/ton while maintaining homo-PP unchanged.
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09 Jan 2024

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China Morning Snapshot – 09 January 2024

In contrast to the futures market, the domestic spot market continues to track a softening trend with LLDPE film offers witnessing larger reductions.
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09 Jan 2024

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09 January 2024 - Shenhua's coal-based PP and PE Auction Results

The dwindling Dalian Commodity Exchange since the market returned from the New Year holiday sap all risk appetite despite Shenhua’s constant effort to adjust deal prices to make their cargoes attractive.
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05 Jan 2024

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Overseas producers lifted import PE offers to China; shipping issues in focus

In the meantime, market participants also monitor the implementation of the quality control measures on HDPE cargoes in India.
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05 Jan 2024

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Local PET bottle market surged sharply in Indonesia as effects from import quota showed

In fact, data from CommoPlast showed spot PP thermoforming currently traded in the local Indonesian market at about 22 – 25% higher than the PET bottle prices.
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05 Jan 2024

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China Morning Snapshot – 05 January 2024

Key PP and LLDPE contracts on the Dalian Commodity Exchange ended the morning session with additional losses as investors become sceptic about the prospect of the FED cutting interest rates in March
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