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Overseas suppliers cut import homo-PP offers to Indonesia as pressure mounts
24 Aug 2022 On the other hand, a dozen of Asian PP plants has been cutting operating rates, some even totally shut down to counterbalance the persistently weak demand condition and thin profit margins.
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24 Aug 2022

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Malaysian PE plunged three digits in Indonesia, PP largely unchanged

The maker is among a dozen of other PP plants across Asia, which have slashed run rates in an attempt to protect the bottom lines and balance the persistently sluggish demand conditions.
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24 Aug 2022

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China Morning Snapshot – 24 August 2022

Sources said that even arbitrage traders are not showing interest in making purchases, instead, focusing on selling the stocks to the spot market at the moment.
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23 Aug 2022

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[FREE] 23 August 2022 - Shenhua's coal-based PP and PE Auction Results

Compared to the previous session, the number of deals for coal-based cargoes on the Shenhua auction platform has improved slightly but still lacking support for a strong rebound.
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23 Aug 2022

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PrefChem started offering on-spec LLDPE cargoes in Asia

Market participants expect on-spec PP cargoes from the producer to reach the market in the coming days as off-grade and near-prime parcels have been offered over the past couple of weeks.
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23 Aug 2022

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China Morning Snapshot – 23 August 2022

Key contracts on Dalian Commodity Exchange settled the morning session with little changes though it appears that market participants remain uninterested in taking risks even though the Chinese government is escalating the efforts to boost growth.
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22 Aug 2022

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[FREE] 22 August 2022 - Shenhua's coal-based PP and PE Auction Results

While Shenhua has managed to increase deal prices for both PP and LLDPE compared to the previous session, the number of deals has fallen sharply, signalling the resistance in the market.
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22 Aug 2022 HD Film LD Film LL C4 Film

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Qatari producer cuts import PE offers to China for the second week in a row

For the first time since late August 2020, import LDPE film based on CFR China term breaches below the $1100/ton threshold. Buyers are asking for further reductions in order to balance the cargoes purchased in the previous week at higher levels.
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