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News Insight & Analysis

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Malaysia’s PrefChem started marketing on-spec HDPE cargoes in SEA
26 Oct 2022 The producer started to offer out on-spec HDPE injection and HDPE film cargoes across the Southeast Asia market this week at relatively competitive price levels.
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26 Oct 2022

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China Morning Snapshot – 26 October 2022

Market sources said that producers are pushing stocks to the distribution market ahead of the month end closing, but real demand from manufacturers has not shown any major improvement.
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26 Oct 2022

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26 October 2022 - Shenhua's coal-based PP and PE Auction Results

The number of transactions recorded on Shenhua auction platform improved sharply compared to the previous day after the producer conceded to CNY100-120/ton discounts.
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25 Oct 2022

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South Korean homo-PP fell below $1000/ton mark in Vietnam, again

Secondly, the trading segment of the local market has been struggling with the tightening credit line from banks, hence, these buyers tend to be more prudent in selecting which cargo to purchase next.
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25 Oct 2022

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Chinese PE market extended the weakening trend as Zero-Covid bites

As of 17 October, 30 cities around the country were implementing various degrees of lockdowns or movement controls, affecting 225.1 million people, according to media reports.
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25 Oct 2022

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China Morning Snapshot – 25 October 2022

The continuous weakening local market coupled with the depreciation of the Yuan forced international sellers to step back on import offers.
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25 Oct 2022

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25 October 2022 - Shenhua's coal-based PP and PE Auction Results

Comfortable PP supply amid the persistently weakening Dalian Commodity Exchange weighs on the market sentiment.
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24 Oct 2022

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Statistics: Import PP and PE to China hit six-month highs in September

The drastic surge in import arrival is attributed to the active replenishment activities in August when major international suppliers decided to slash prices to unload larger quantities to this market.
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