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News Insight & Analysis

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China Morning Snapshot – 11 March 2021
11 Mar 2021 Players reported mediocre trading sentiment in the local ground and arbitrage traders continue selling both PP and PE cargoes below producer’s prices.
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10 Mar 2021

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Indonesian producer lifted local PP prices again, keep PE unchanged

There have not been any major changes in terms of local demand as most buyers have made comfortable replenishment in the previous week.
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10 Mar 2021

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Import PE to Vietnam continue to climb higher on global supply tightness

A major Saudi Arabia producer introduces the second round of price hike on PE cargoes to Vietnam this week, just days after the March shipment offers announcement with $140/ton increased.
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10 Mar 2021

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

The number of deals concluded on the Shenhua auction platform continues to decline from the previous day amid comfortable auction volume.
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10 Mar 2021

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China Morning Snapshot – 10 March 2021

The active trading sentiment has eased the cashflow tightness among local traders.
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09 Mar 2021

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Suppliers step back on offers for Chinese homo-PP to Indonesia

Several market sources informed that one of the suppliers has been aggressively asking for bids, which concerns buyers even more about the near-term outlook.
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09 Mar 2021

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Import mPE to China surges on the limited supply

There have been reports that local availability for mPE is tight at the moment, from which customers decided to proceed with purchases to cover the near-term need.
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09 Mar 2021

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

Sentiment cools off in the local China market reflected in the reduced number of transactions on the Shenhua auction platform.
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