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News Insight & Analysis

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Saudi PE tracks stable to softer trend in Asia; deals done with moderate discounts
25 May 2023 Responses from the market are mediocre. An increasing number of Vietnamese buyers expect the downtrend to persist in the coming weeks with buying ideas emerging at $950/ton for LLDPE film
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25 May 2023

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China Morning Snapshot – 25 May 2023

With the futures market showing signs of recovery from ten consecutive sessions of sluggish trading, Chinese buyers are more confident in off taking some PP and PE cargoes
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24 May 2023

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Thailand PE soften in Malaysia amid thin demand

With LLDPE film being traded elsewhere at three digits, the lack of buying interest in Malaysia is very much understandable.
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24 May 2023

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China Morning Snapshot – 24 May 2023

Thanks to the stronger Dalian Commodity Exchange, Chinese suppliers managed to maintain spot offers unchanged day-on-day. However, transactions are mediocre.
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24 May 2023

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

Sources said that players responded well to the coal-based cargoes because the producer maintains prices largely unchanged from the previous session amid the rising futures market.
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23 May 2023

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Taiwanese PVC falls for the third straight month in Asia; weak demand persists

Following a brief delay, a key Taiwanese producer announces June PVC shipment offers to Asia with a $20/ton reduction from May despite the recent shutdown that impacted spot availability.
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23 May 2023

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Price List: Zhongjing resumes price cuts for export PP backed by poor demand

Efforts to maintain prices stable from the previous session proved to be void as Zhongjing Petrochemical resumes the downward trend on export PP offers to remain relevant in a market that is heavily affected by global macroeconomic strains.
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23 May 2023

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China Morning Snapshot – 23 May 2023

Despite the slight rebound, trades were inadequate as buyers that made purchases in the previous session opted to sit out this session expecting further discounts
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