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News Insight & Analysis

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01 November 2023 - Shenhua's coal-based PP and PE Auction Results
01 Nov 2023 Chinese bidders are attracted by the competitive pricing of coal-based cargoes as the domestic spot market remains relatively firm.
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31 Oct 2023

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Saudi Aramco lifted November propane prices; the firming trend seems slowed.

As reported earlier, Asian propane dehydrogenation (PDH) operators have been reducing utilization rates over the past months amid margin compression.
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31 Oct 2023

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Malaysia producer cuts local PP prices while keeping PE offers unchanged.

A key Malaysian producer shrugged off the weakening trend in the regional PP and PE market to introduce moderate reductions on only PP cargo for November delivery to domestic buyers.
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31 Oct 2023

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China Morning Snapshot – 31 October 2023

Most traded PP and LLDPE contracts for January 2024 delivery reversed earlier gains to settle in the negative territory following disappointing manufacturing activities in October.
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31 Oct 2023

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31 October 2023 - Shenhua's coal-based PP and PE Auction Results

Following a satisfactory trading result in the previous session, coal-based producer Shenhua tested market responses by lifting auction homo-PP price by CNY190/ton to reflect the reduced availability
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30 Oct 2023

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Price List: China’s Zhongjing lifts export PP offers as local market firms up.

Zhongjing Petrochemical decided to lift export PP offers by $5/ton from the previous week as a knee-jerk reaction to the rebounded Dalian Commodity Exchange.
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30 Oct 2023

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Malaysian LDPE faces resistance in Vietnam as the producer reduces bid collection.

The supplier reportedly re-initiated a bid-collecting campaign at lower prices, which clearly underlines the challenges the maker is facing.
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30 Oct 2023

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Local producer cuts PP offers in Indonesia while keeping PE unchanged.

In the meantime, the distribution market is more responsive to the market development with traders actively offering discounts to entice buying interest.
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