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News Insight & Analysis

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China Morning Snapshot – 28 May 2021
28 May 2021 As inventory pressure continues to decline, major local producers decided to maintain a firmer stance on the spot PP cargoes.
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28 May 2021

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28 May 2021: Auction sales result for Shenhua's coal-based PP and PE

Transactions for homo-PP remain dwindling on the final trading day of the week as prices inch higher compared to the previous session
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27 May 2021

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China Morning Snapshot – 27 May 2021

Chinese traders become more active in exploring re-export opportunities for South Korean PP block copolymer to Southeast Asia market.
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27 May 2021

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27 May 2021: Auction sales result for Shenhua's coal-based PP and PE

Buying interest for homo-PP remains dwindled toward the end of the week as deal prices inched slightly higher than the previous session.
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26 May 2021

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Singaporean mPE slumped in China and Indonesia

Buyers remain conservative about fresh purchases on the concerns that further reductions would become inevitable moving forward.
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26 May 2021 PPH Raf

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Import homo-PP to China hit thirteen weeks lows on lackluster sentiment

In spite of the better acceptance at the new price levels, Chinese buyers maintain a conservative stance over the near-term outlook.
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26 May 2021

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China Morning Snapshot – 26 May 2021

Sentiment in the domestic market holds steady with mediocre number of transactions.
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26 May 2021

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Another Saudi producer slashed June PP, PE offers to SEA, China

In terms of homo-PP market, Chinese buyers are looking at prices below the $1100/ton mark, resulting in the stiff resistance towards the latest increases.
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