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News Insight & Analysis

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Falling local market encourages Chinese suppliers to lower export PP offers
20 Oct 2021 Many traders are still carrying high-cost cargoes on hand and the bearish near-term outlook means that losses might be severe.
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20 Oct 2021

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China Morning Snapshot – 20 October 2021

Chinese bidders are not even interested in the Shenhua coal-based PP and PE auction session, resulting in zero deals on the platform, which is rather drastic.
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19 Oct 2021

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[FREE] China Morning Snapshot – 19 October 2021

The futures market traded sluggishly throughout the morning session shrugging off the fact that more polyolefins plants are lowering operations rates amid the intensifying the Dual Control policies.
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19 Oct 2021

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[FREE] 19 October 2021 - Shenhua's coal-based PP and PE Auction Results

In spite of the lower price for homo-PP compared to the previous day, the number of transactions took a dive, highlighting the lack of purchasing interest among Chinese buyers.
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19 Oct 2021 HD B/M HD Film

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Thai PE surges in Indonesia on limited availability

As reported earlier, demand for HDPE film in Indonesia has been improving as retail businesses gradually recover from the COVID-19 lockdown.
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19 Oct 2021

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Taiwanese major lifted November PVC offers to Asia

In spite of the sharp increases, Indian customers find the new offers competitive compared to other cargoes, which have been hovering around the $2000/ton threshold for weeks.
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19 Oct 2021

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Singaporean metallocene PE extended gains in China, Indonesia

Compared to Chinese customers, Indonesian buyers are more reluctant to accept the new offers on the back of mediocre end-product businesses and the availability of more competitive cargoes from other suppliers.
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18 Oct 2021

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[FREE] China Morning Snapshot – 18 October 2021

Sellers up-adjusted offers to reflect the rebound on Dalian Commodity Exchange while remaining cautious about the near-term outlook.
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