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News Insight & Analysis

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Indonesian producer continues to slash spot PP, PE prices as demand remains sluggish
25 Jul 2022 Spot PP and PE offers from a key Indonesian producer continue to decline this week, mimicking the persistent downtrend regionwide amid the persistently sluggish demand condition.
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25 Jul 2022

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China Morning Snapshot – 25 July 2022

However, the number of real transactions has not picked up throughout the early trading hours. Customers mostly claimed to have replenished sufficient stocks
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22 Jul 2022

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[FREE] 22 July 2022 - Shenhua's coal-based PP and PE Auction Results

Chinese bidders remain on the sideline on the final trading day of the week reflected in the falling number of transactions for both homo-PP and LLDPE cargoes during the Shenhua auction session.
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22 Jul 2022

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China Morning Snapshot – 22 July 2022

Trading activities are limited in the domestic market while there have been a good number of deals for Saudi Arabia LLDPE film at $980-990/ton CFR China.
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21 Jul 2022

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[FREE] 21 July 2022 - Shenhua's coal-based PP and PE Auction Results

The bullish trading sentiment on the Shenhua auction platform did not last. Purchasing interest fell sharply toward the end of the week following the dive on the Dalian Commodity Exchange.
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21 Jul 2022 PPH Raf

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The three-digits import homo-PP offers seem to draw buying attention in China

While deals have been done, the abrupt emergence of numerous cargoes, which were absent for a long time previously, proved a point Chinese buyers raised earlier: international suppliers are forced to direct more cargoes to China amid the rapid falling demand elsewhere, even though they must cut prices drastically.
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21 Jul 2022

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Statistics: Local petchem outputs in China dropped in June

Industry participants fear that the outputs might continue to decline in July as the electricity issue once again flare up in certain areas in China.
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21 Jul 2022

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China Morning Snapshot – 21 July 2022

Following days of holding above the CNY8000/ton threshold, spot homo-PP yarn traded in Eastern China breached below the mark, reflecting the stiff resistance building up in the market.
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