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Price List: China’s Zhongjing lifted export PP offers on stronger local market
14 Jul 2023 Optimism over a brighter economic outlook has been fueling trading sentiment on the Dalian Commodity Exchange throughout the week, which in turn, encouraged purchasing activities in the domestic spot market.
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14 Jul 2023

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Chinese PE market holds firm amid uptick in demand

Among the PE film grades, customers show a strong interest in LLDPE film. Several international producers and trading houses even lifted spot prices twice this week following satisfactory responses from buyers.
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14 Jul 2023

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China Morning Snapshot – 14 July 2023

Meanwhile, it is worth noting that a large bulk of local inventories were absorbed by the distribution market this week, and it is time traders attempt to release the on-hand stocks to converters for a margin.
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14 Jul 2023

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

Both homo-PP and LLDPE achieved full deals, however, it is interesting that the producer raised offers guardedly by just CNY30/ton on homo-PP while LLDPE and HDPE remained unchanged.
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13 Jul 2023

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Price List: Zhongjing announces the third price list in a week with increases

Even though trading activities in the local Chinese market have somewhat dimmed toward the end of the week resulting from the piling buyer resistance, Zhongjing claimed to have been free from inventory pressure after satisfactory transactions were achieved earlier this week.
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13 Jul 2023

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China Morning Snapshot – 13 July 2023

Bullish expectations surrounding more economic stimulus from the Chinese government and fewer interest rate hikes from the FED have been elevating the equity market over the past couple of days.
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13 Jul 2023

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

For the fourth trading session in a row, trading activities on the Shenhua auction platform are healthy, reflecting in the continued satisfactory deals concluded.
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12 Jul 2023

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Price List: Zhongjing revises export PP offers upward on improving trading sentiment

Improved trading activities locally help Chinese suppliers to deplete a good number of cargoes, further freeing them from any inventory pressure.
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