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News Insight & Analysis

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25 August 2023 - Shenhua's coal-based PP and PE Auction Results
25 Aug 2023 Compared to the domestic spot market, the coal-based producer is more sensitive to the market movement. At the first sight of a slowdown in purchasing interest, Shenhua immediately stepped back on auction prices
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24 Aug 2023

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China Morning Snapshot – 24 August 2023

The slower inventory digestion underlines the stiffening resistance from the market, however, the total stocks remained very much manageable
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24 Aug 2023

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

The CNY50-60/ton increment on LLDPE and homo-PP proved too hefty for buyers as homo-PP deals slipped below 75%.
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23 Aug 2023

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Price List: Zhongjing introduces additional hikes on export PP offers.

While the producer continues putting in the effort to protect the bottom-line, real demand in Southeast Asia has not shown any improvement over the past several trading days.
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23 Aug 2023

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China Morning Snapshot – 23 August 2023

As the hikes in futures contracts moderated, domestic producers are more conservative in lifting spot PP and PE offers so as not to scare the already reluctant buyers away.
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23 Aug 2023

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23 August 2023 - Shenhua's coal-based PP and PE Auction Results

Shenhua concluded the third auction session of the week with a rather healthy result, underlining the strong buying interest among Chinese market participants.
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22 Aug 2023

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Malaysian producer opened new PP, PE offers with sharp hikes to Indonesia.

Nevertheless, a couple of regular customers expressed the intention to secure a small quantity of PP film cargoes citing the tight availability for this grade.
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22 Aug 2023

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China Morning Snapshot – 22 August 2023

While small transactions are still taking place, many buyers prefer to adopt a more conservative stance, especially toward LLDPE film cargoes citing the influx of previously purchased cargoes.
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