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Price List: Zhongjing continues to cut export PP offers amid persistently weak local demand
15 May 2023 In the local market, the continued falling Dalian Commodity Exchange pressures Chinese sellers to cut spot offers, sending the prices to the lowest level since May 2020.
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15 May 2023

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Local PP, PE market in Indonesia extended the weakening trend

Over the past couple of weeks, Indonesian HDPE bag makers saw a spike in finished goods orders. However, the situation started to turn sour.
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15 May 2023

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China Morning Snapshot – 15 May 2023

In response to the relentless falling futures market, domestic suppliers introduce another CNY50-100/ton reduction on spot PP and PE cargoes to entice demand.
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15 May 2023

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

The coal-based producer offered CNY120/ton discount on LLDPE cargoes and CNY30/ton on homo-PP, yet Chinese bidders prefer to wait on the sideline fearing further reductions ahead.
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12 May 2023

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Price List: Zhongjing cuts export PP offers for the second time in a week

In China, trading activities on the Shenhua auction platform have been sluggish throughout the week while key contracts on Dalian Commodity Exchange fall under pressure of global economic slowdown.
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12 May 2023

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China Morning Snapshot – 12 May 2023

Obviously, the spot market is not the only trading platform taking hit from the plunging purchasing interest.
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12 May 2023

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12 May 2023 - Shenhua's coal-based PP and PE Auction Results

Shenhua concluded another auction session with disappointing results even though the producer agreed to reduce auction prices.
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11 May 2023

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Vietnamese homo-PP market near five-month lows as Chinese cargoes breached below $1000/ton mark

Following three consecutive weeks of sharp decline, the import homo-PP market in Vietnam is now at the lowest levels in nearly five months with Chinese cargoes spearheading the downtrend
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