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News Insight & Analysis

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Saudi Arabia producer continues to cut PE offers to China
06 May 2022 Hopes are that demand in China would rebound once the government eases COVID-19 containment measures while pumping economic stimulus to boost domestic growth.
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06 May 2022

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China Morning Snapshot – 6 May 2022

Trading sentiment is soft, approaching the weekend. Sellers remain optimistic about the market outlook citing the government’s commitment to boosting the economy.
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06 May 2022

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At near three-month lows, Vietnamese buyers show interest in import PP

Under a confluence of factors, Vietnamese customers are looking to replenish cargoes for June and July arrivals. Household product manufacturers are especially interested in South Korean homo-PP injection at below the $13000/ton threshold, CIF Vietnam.
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05 May 2022

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[FREE] 5 May 2022 - Shenhua's coal-based PP and PE Auction Results

The number of transactions on the Shenhua auction platform are rather satisfactory given the fact that prices have not changed since the pre-holiday period.
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05 May 2022

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China Morning Snapshot – 5 May 2022

While the COVID-19 situation in Shanghai has been improving and the government is handing out cash vouchers to stimulate consumption, the flare-up in Beijing continues to pose a threat to the demand outlook.
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29 Apr 2022

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[FREE] 29 April 2022 - Shenhua's coal-based PP and PE Auction Results

Shenhua slashes the auction volume substantially on the final trading day of the month, however, deal prices have not improved from the previous session.
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29 Apr 2022

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Singaporean producer slashed mPE offers to China, Indonesia despite shutdown

Even at the traditional peak season ahead of the Ramadan holiday, these converters claimed to have received just half of last year’s orders, reducing to need to make raw material purchases.
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29 Apr 2022

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Saudi Aramco cuts May propane contract prices to Asia

Propane is a primary feedstock used by propane dehydrogenation (PDH) operators in producing propylene monomers.
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