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News Insight & Analysis

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16 November 2022 - Shenhua's coal-based PP and PE Auction Results
16 Nov 2022 Apparently, demand for LLDPE remains relatively stronger than homo-PP, though, with CNY50/ton discount on deals compared to the previous session did help to attract LLDPE customers.
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15 Nov 2022

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China Morning Snapshot – 15 November 2022

The rapid uptrend started to face resistance. Local suppliers complained of visible drop in sales since the beginning of this week, hence the reduction in spot PP cargoes.
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15 Nov 2022

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

While the number of transactions for homo-PP has fallen from the previous session, Chinese buyers continue to search for competitive LLDPE cargoes thanks to the firming Dalian Commodity Exchange.
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14 Nov 2022

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Statistics: China’s petchem outputs hit 2022’s all-time high in October

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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