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Asia PP Daily: As Brent hits $100, market rallies while regional converters start to breakEscalating Middle East tension pushed Brent to $100/barrel and drove PP prices higher across China, Vietnam and Indonesia this week, but the rally is beginning to show cracks: Vietnamese converters are suspending production lines on negative margins, and China's own export market remains hamstrung by vessel shortages stretching shipment into October. |
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