Nov 23, 2024 10:15 a.m.
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Market Wrap Daily Polyolefins Market

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Daily Market Wrap – China – 5 September 2022
Issues including COVID-19 restrictions and electricity rationing have been keeping local plants operating at reduced rates. In the meantime, manufacturers are not running at full tilt, just added another pressure point of lacking end-product orders.
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29 Aug 2022

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Daily Market Roundup – SEA – 29 August 2022

Indonesian buyers prefer to wait on the sidelines or source small quantities from the distribution market for more competitive levels. Manufacturers still struggle to secure new PO for end-product, which in turn, reduces the need to stock up on raw materials.
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17 Aug 2022

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Daily Market Roundup – China – 17 August 2022

Following the price reduction pioneered by a key Qatari producer in the previous day, more international suppliers started to soften their stance on import PE offers to China. The persistently weak demand from the agricultural film and the industrial packaging sector put tremendous pressure on the LLDPE and LDPE film markets.
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16 Aug 2022

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Daily Market Roundup – SEA – 16 August 2022

New import offers are limited on the second trading day of the week, though buyers started to show slightly better acceptance of the firming trend realizing that supply is curtailing following a series of plants cutting operating rates.
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15 Aug 2022

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Daily Market Roundup – SEA – 15 August 2022

The Southeast Asian PE market is quiet on the first trading day of the week as the market awaits new offers for September loading from key international suppliers. The initial expectations are that both HDPE and LLDPE film prices might track a stable to slightly firmer trend, mirroring the development in the nearby China market.
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09 Aug 2022

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Daily Market Roundup – SEA – 9 August 202

While there has not been major improvement in end-product businesses, regional buyers are also concerned over the lockdown and the electricity rationing in China, which potentially drag the already fragile demand lower.
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04 Aug 2022

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Daily Market Roundup – China – 4 August 2022

One of the highlights in the market is the steep reductions in shipping costs. According to industry sources, the costs of transporting a 40-foot container from China's main ports to Vietnam fell 50-70% from earlier this year due to limited trade.
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03 Aug 2022

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Daily Market Roundup – China – 3 August 2022

Chinese customers have been actively making replenishment from the import ground over the past week and prefer to wait on the sideline, hoping for end-product demand to pick up.
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