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News Insight & Analysis

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Indonesian PET market continues to fall on weakening upstream costs
26 Mar 2021 Market sources said that suppliers from Taiwan and South Korea might pay more attention to the EU market due to the import duty advantage, easing pressure on the Southeast Asian region.
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26 Mar 2021

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Chinese homo-PP offers breached below the $1400/ton threshold in SEA

A small number of deals have been achieved for coal-based cargoes at the new price levels, however, buyers remain cautious in general.
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26 Mar 2021

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China: Auction sales result for Shenhua's coal-based PP and PE

Purchasing activities pick up significantly on the final trading day of the week after the producer agreed to lower deal price levels.
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26 Mar 2021

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China Morning Snapshot – 26 March 2021

Sources said that customers are making small purchases at the lower end of the overall price range while hoping for additional reductions in the coming week.
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26 Mar 2021

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Another Saudi producer announced April PE , PE shipment offers to Southeast Asia

The Southeast Asian PP market is amid a correction period due to the persistently sluggish demand and the presence of competitive Chinese cargoes.
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25 Mar 2021

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China: Auction sales result for Shenhua's coal-based PP and PE

As prices inch another notch lower from the previous trading day, buyers are more willing to make replenishment.
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25 Mar 2021

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China Morning Snapshot – 25 March 2021

Sources reported steady purchasing activities in the local ground toward the end of the week, though buyers are more selective in term of prices.
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24 Mar 2021

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Saudi PE concluded in Vietnam with large discount

The large price cut indicates the state of demand in Vietnam and the downward pressure that has been building up after the plunged in ethylene costs.
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