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News Insight & Analysis

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China Morning Snapshot – 15 September 2023
15 Sep 2023 In spite of the stronger futures trading, buying activities in the domestic spot market declined further on the final day of the week.
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15 Sep 2023

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

Chinese bidders rush back to the Shenhua auction platform to secure additional cargoes after the crude oil market surged to the highest levels in 2023, signalling a possibility that the PP and PE market might sustain the firming trend.
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14 Sep 2023

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China Morning Snapshot – 14 September 2023

Worries about the demand outlook also deepened after the EU Central Bank raised interest rates by 0.25% despite slowing economy.
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14 Sep 2023

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

Besides, Chinese customers seemed to have stocked up comfortably for the long holiday ahead and prefer to adopt a more cautious stance towards higher price parcels.
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13 Sep 2023

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Price List: Zhongjing implements further hikes on export offers.

In Southeast Asia, buyer resistance is stiff. In some markets, trading activities come to a near standstill as customers carry comfortable stocks
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13 Sep 2023

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China Morning Snapshot – 13 September 2023

Key PP and LLDPE contracts on the Dalian Commodity Exchange opened on a strong note, elevated by the surging energy complex, however, parred most of the earlier gains by the mid-day break
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13 Sep 2023

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

The coal-based producer lifted auction price for both homo-PP and LLDPE by CNY50/ton from the previous session to reflect the reduced availability and strong buying sentiment, yet buyers scooped up most of the cargoes
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12 Sep 2023

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Statistics: China’s local HDPE and PP production hit historical highs in August.

Sources attributed the 7.6% increase in the PP outputs to the startup at several newly constructed plants while many existing producers opted to lower the run rates amid squeezed margins.
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