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News Insight & Analysis

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Statistics: China’s petchem outputs hit 2022’s all-time high in October
14 Nov 2022 Data from the National Bureau of Statistics showed that the local petchem outputs rose 8.2% compared to September and 10.5% compared to October 2021.
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14 Nov 2022

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Domestic PP, PE offers in Indonesia continued to gallop lower

A major local producer in Indonesia opened a fresh weekly PP and PE price list with additional decreases over the weekend, marking the third consecutive week of downward adjustment
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14 Nov 2022

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China Morning Snapshot – 14 November 2022

Higher spot PP and PE prices started to face resistance; however, sellers do not seem in rush to make any downward adjustment.
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14 Nov 2022

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14 November 2022 - Shenhua's coal-based PP and PE Auction Results

The number of transactions on the Shenhua Auction Platform improved sharply compared to the previous session even though deal prices for both homo-PP and LLDPE are CNY210/ton and CNY250/ton higher.
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07 Nov 2022

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Price List: Zhongjing Petrochemical lowers export PP offers

China’s Zhongjing Petrochemical decided to reduce export PP offers by $10-15/ton compared to the previous price announcement, reflecting the general downtrend observed across the Asian market.
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07 Nov 2022

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Key Indonesian producer slashed spot PP, PE prices further after FM

Market sources said that weak demand and the constantly falling import market overshadowed the tightening local supply outlook.
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07 Nov 2022

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China Morning Snapshot – 07 November 2022

Major contracts on Dalian Commodity Exchange ended the morning session in the red after Health Authority reiterated last Saturday that the government has no plans to ease the Zero-Covid policy anytime soon.
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07 Nov 2022

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7 November 2022 - Shenhua's coal-based PP and PE Auction Results

However, the trading sentiment weakened visibly after the Chinese Health Authorities reiterated the unwavering stance toward the Zero-Covid policy last Saturday.
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