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News Insight & Analysis

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Saudi producer sets final PE prices in Vietnam with substantial discounts, off-take remains dwindling
30 Nov 2022 Following a couple of days of collecting bids from customers, a Saudi Arabia producer has set final PE prices for December loading to Vietnam with substantial reductions from the initial price list.
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30 Nov 2022

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Saudi Aramco lifted propane prices to Asia for the second straight month

Even though the demand from the downstream petrochemical sector remains sluggish, strong buying interest from energy generators supports the rebound.
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30 Nov 2022

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Local producer slashed December PP, PE offers drastically in Malaysia

A major Malaysian producer has opened December PP and PE offers to local buyers with drastic decreases from the previous month on the back of sluggish demand and heightened competition from the recently emerged cargoes from PrefChem.
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30 Nov 2022

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China Morning Snapshot – 30 November 2022

The domestic spot market inched CNY50/ton higher to reflect the firming trend on the Dalian Commodity Exchange, however, the real transactions are limited – a signal that buyers are resisting the higher prices.
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30 Nov 2022

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

Deal prices for all of the available grades are higher, with LLDPE jumping as much as CNY240/ton day-on-day, which signals the still strong demand for this grade.
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29 Nov 2022

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South Korean PP inched lower in Indonesia, limited market responses

Buyers portray limited purchasing interest following news that import homo-PP has been concluded below the $900/ton threshold in China, marking the start of a new down-cycle.
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29 Nov 2022

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Import homo-PP below the $900/ton mark pique Chinese customers’ buying interest, again

Besides, market participants remain hopeful that the government would gradually ease COVID-19 control measure after the Lunar New Year, which takes place in late January 2023.
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29 Nov 2022 SPVC k64-65 SPVC k67-68

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Domestic producer slashes December PVC offers in Indonesia on weak demand

Indonesian customers are rather concerned about the demand outlook in 2023 because of the presidential election campaigning that might further impact the infrastructure project approval processes.
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