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News Insight & Analysis

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Price List: China’s Zhongjing lifted export offers twice this week
01 Jun 2022 Zhongjing Petrochemical is not the only Chinese supplier lifting export offers this week. Many other Chinese suppliers are not even interested in offering to the export market, citing the cutthroat competition from South Korean cargoes.
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01 Jun 2022

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Local and export homo-PP market in China rebounded after hitting 2022’s lows

The improving local demand outlook emerges as cavalry to the shutting export opportunity window. Over the past couple of weeks, Chinese homo-PP has been losing out in key markets including Southeast Asia and Latin America in the presence of the callous South Korean cargoes.
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01 Jun 2022

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China Morning Snapshot – 01 June 2022

Chinese suppliers implemented additional increases on spot PP and PE offers purely based on the upbeat market expectations of a better demand outlook ahead.
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31 May 2022

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[FREE] 31 May 2022 - Shenhua's coal-based PP and PE Auction Results

Due to the month end closing, the available quantity for auction reduced significantly, resulting in a surge in closing prices.
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31 May 2022 PPH Inj PPH Raf

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Southeast Asian homo-PP market stabilizes, but buyers reluctant to accept a rebound

Sellers are shrugging off the initial market resistance. All eyes are on the recovery process in China.
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31 May 2022

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Saudi Aramco slashes June propane contract price to Asia

Saudi Aramco surprisingly slashes propane contract prices to Asia for June loading by three digits despite the rising crude oil prices.
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31 May 2022

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China Morning Snapshot – 31 May 2022

Following two consecutive days of the firmer Dalian Commodity Exchange, local suppliers are more confident in implementing increases on spot PP and PE prices.
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30 May 2022

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[FREE] 30 May 2022 - Shenhua's coal-based PP and PE Auction Results

Chinese buyers are more confident in accepting higher prices on the Shenhua auction platform following news of the Shanghai government introducing various stimulus packages
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