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News Insight & Analysis

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China Morning Snapshot – 01 November 2023
01 Nov 2023 Surprisingly, local suppliers decided to keep spot PP and PE offers on the stable to softer trend, against the firmer futures market.
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01 Nov 2023

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

Chinese bidders are attracted by the competitive pricing of coal-based cargoes as the domestic spot market remains relatively firm.
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31 Oct 2023

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Saudi Aramco lifted November propane prices; the firming trend seems slowed.

As reported earlier, Asian propane dehydrogenation (PDH) operators have been reducing utilization rates over the past months amid margin compression.
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31 Oct 2023

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Malaysia producer cuts local PP prices while keeping PE offers unchanged.

A key Malaysian producer shrugged off the weakening trend in the regional PP and PE market to introduce moderate reductions on only PP cargo for November delivery to domestic buyers.
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31 Oct 2023

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China Morning Snapshot – 31 October 2023

Most traded PP and LLDPE contracts for January 2024 delivery reversed earlier gains to settle in the negative territory following disappointing manufacturing activities in October.
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31 Oct 2023

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

Following a satisfactory trading result in the previous session, coal-based producer Shenhua tested market responses by lifting auction homo-PP price by CNY190/ton to reflect the reduced availability
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30 Oct 2023

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Price List: China’s Zhongjing lifts export PP offers as local market firms up.

Zhongjing Petrochemical decided to lift export PP offers by $5/ton from the previous week as a knee-jerk reaction to the rebounded Dalian Commodity Exchange.
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30 Oct 2023

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Malaysian LDPE faces resistance in Vietnam as the producer reduces bid collection.

The supplier reportedly re-initiated a bid-collecting campaign at lower prices, which clearly underlines the challenges the maker is facing.
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