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Price List: China’s Zhongjing cuts export PP offers amid falling local market
25 Apr 2022 As reported earlier, spot homo-PP offers traded in Eastern China fell CNY100/ton to CNY 8600-8750/ton including VAT ($1164-1184/ton excluding VAT) while September delivery contracts loses three digits in value by the end of the trading session.
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25 Apr 2022

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Local PP market extended the weakening in Indonesia

While suppliers are hoping for last minutes replenishment, buyers might only return after Ramadan since the current downtrend is expected to persist.
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25 Apr 2022

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China Morning Snapshot – 25 April 2022

The depreciation of the Yuan might allow Chinese suppliers to compete in the export ground again, however, the weakened demand head of the Ramadan season poses a massive challenge.
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22 Apr 2022

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

The number of transactions on the Shenhua auction platform remains relatively satisfactory considering the continuous falling futures market. Besides, softer deal prices also encourage buyers to proceed with purchases.
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22 Apr 2022

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China Morning Snapshot – 22 April 2022

While new sales are slow, Chinese traders are hopeful of an uptick in purchasing activities in the coming week before the Labour Day.
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21 Apr 2022

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[FREE] 21 April 2022 - Shenhua's coal-based PP and PE Auction Results

The latest deals on Shenhua continue to provide a satisfactory price gap with the Dalian Commodity Exchange, which attracts arbitrage traders.
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21 Apr 2022

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Statistics: China’s import PP and PE rose more than 20% in March

While month-on-month basis, the numbers appear impressive, compared to the previous year, all the listed grades fell sharply.
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21 Apr 2022

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China Morning Snapshot – 21 April 2022

Chinese traders are seeing a narrowing opportunity window to export. Weak overseas demand, coupled with the shipping challenges has already posed a strong obstacle, but the depreciation of the Chinese Yuan against the US dollar just erode the competitiveness even further.
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