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News Insight & Analysis

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Chinese suppliers cut export homo-PP prices amid falling local market
24 Mar 2021 Back in the local China market, demand has been sluggish because manufacturers are unable to transfer the higher raw materials costs to end product prices while operating rates among local PP plants remain relatively high.
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24 Mar 2021

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

Transactions remain sluggish for third straight session this week, underlining the lack of purchasing interest among buyers even prices have fallen day-on-day.
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24 Mar 2021

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China Morning Snapshot – 24 March 2021

Dalian Commodity Exchange completed the first half of the trading day in negative territory; however, the extent of price reduction has narrowed substantially.
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23 Mar 2021

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Chinese traders cut PVC offers to the Southeast Asian market

Chinese players are seeing weakening local sentiment after the May 2021 delivery contract on Dalian Commodity Exchange fell continuously for the past five out of seven trading days.
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23 Mar 2021

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

Deals prices on Shenhua’s auction platform have weakened slightly compared to the previous session, yet the number of transactions remains relatively sluggish.
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23 Mar 2021

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China Morning Snapshot – 23 March 2021

Trading activities in the local ground remain subdued as buyers bargain for better prices.
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23 Mar 2021

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As market outlook turn bearish, local trader speed up price cut on homo-PP in Indonesia

Even at the lower prices, Indonesian buyers are not eager to make replenishment except for customers with very low inventory on-hand.
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22 Mar 2021

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Saudi Arabia producer announced April PE shipment with large increases to SEA

Due to the supply tightness, the producer has to reduce the allocation to regular customers by 50%.
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