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News Insight & Analysis

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Malaysian producer lifted October PP; PE offers to Indonesia.
25 Sep 2023 Indonesian buyers reported having received PP and PE offers for October loading from a major Malaysian producer with additional increases on PP and HDPE cargoes compared to the previous month
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25 Sep 2023

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Local Indonesian HDPE market surges on limited supply; demand remains muted.

Indonesian manufacturers in the packaging sector started witnessing a sharp drop in new orders stemming from the stuttering macroeconomic conditions.
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25 Sep 2023

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Indonesian PP, PE market continued to track firming trend.

Indonesia's domestic PP and PE market remain on the firming track following the latest price announcement from a key domestic producer, driven by the lack of ready-stock cargoes and the strong upstream costs.
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25 Sep 2023

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China Morning Snapshot – 25 September 2023

Most traded PP and LLDPE contracts on the Dalian Commodity Exchange ended the morning session with additional losses, marking the fourth consecutive session of decline on concerns over the macro-economic outlook.
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25 Sep 2023

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25 September 2023 - Shenhua's coal-based PP and PE Auction Results

The coal-based producer introduced CNY10-20/ton discounts on auction prices for homo-PP and HDPE, yet the transactions remained disappointing.
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23 Sep 2023

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Southeast Asian homo-PP market gallops higher; weak demand persists.

In the upstream market, crude oil futures lingered above the $90/barrel threshold as Saudi Arabia and Russia curbed outputs, which pushed naphtha and propane – two key feedstocks in propylene production, higher.
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22 Sep 2023

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Chinese PET bottle offers track stable to firmer trend on heightened cost pressure.

Chinese PET bottle suppliers fall under pressure to maintain selling prices on a firm note as the rally in crude oil futures elevated upstream PTA and MEG costs.
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22 Sep 2023

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China Morning Snapshot – 22 September 2023

With the uncertain demand outlook in October, Chinese sellers are not willing to take the risk of holding on to the stocks.
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