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News Insight & Analysis

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China Morning Snapshot – 01 August 2023
01 Aug 2023 Key PP and LLDPE contracts on Dalian Commodity Exchange ended the morning session with minor gains as investors focus on the positive aspects of the latest manufacturing activities data.
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01 Aug 2023

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

While PP and PE offers in the domestic spot market edging higher, Shenhua decided to maintain auction prices for coal-based cargoes unchanged, which partly contributed to the strong sales results.
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31 Jul 2023

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Saudi Aramco lifted propane price to Asia for the first time in five months

Saudi oil and gas giant – Saudi Aramco has announced the August propane contract price to Asia with a sizeable increase from the previous month, marking the first hike since February 2023.
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31 Jul 2023

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Price List: China’s Zhongjing lifted export PP offers on improving market sentiment

The price hikes are well-expected, market sources said, after a number of Chinese homo-PP cargoes were concluded at $920-930/ton FOB China in the previous week.
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31 Jul 2023

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Domestic PP, PE offers in Indonesia extended the firming trend amid tight availability

Indonesian customers have been slowing down on purchases since last week while escalating the effort to transfer the rising raw materials costs to finished products, which proved to be more challenging than expected.
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31 Jul 2023

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China Morning Snapshot – 31 July 2023

The larger-than-usual rise in domestic inventories is attributed to the fact that both producers suspended their spot offerings last Friday, having depleted a good number of cargoes beforehand.
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31 Jul 2023

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

Shenhua concluded business for the month of July 2023 on a disappointing note as transactions for all available grades plummeted following the weakened Dalian Commodity Exchange.
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29 Jul 2023

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Vietnamese homo-PP market extended the firming trend despite softer buying interest

It has been several weeks since key Middle Eastern suppliers are absent from the Vietnamese PP market as these sellers prefer to divert the tight allocations to higher margins export destinations, including India.
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