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News Insight & Analysis

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China Morning Snapshot – 28 August 2023
28 Aug 2023 The drastic surge in the local inventories is attributed to the sluggish transactions last Friday coupled with the month end closing that usually lead producers to suspend their spot offerings.
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28 Aug 2023

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28 August 2023 - Shenhua's coal-based PP and PE Auction Results

Trading sentiment on the Shenhua auction platform follow the pricing movement on the Dalian Commodity Exchange closely on the first day of the week.
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25 Aug 2023

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Statistics: Local PP, PE outputs mixed in July; PVC surged sharply.

Despite some reductions in HDPE and LDPE outputs among local plants in the month of July 2023, the overall PP, PE, and PVC production in China witnessed a gain of 2.9%
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25 Aug 2023

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China Morning Snapshot – 25 August 2023

Even though trading sentiment in the local market fell sharply toward the weekend, Sinopec and CNPC managed to deplete the collective PP and PE inventories below the 600,000 tons threshold
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25 Aug 2023

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25 August 2023 - Shenhua's coal-based PP and PE Auction Results

Compared to the domestic spot market, the coal-based producer is more sensitive to the market movement. At the first sight of a slowdown in purchasing interest, Shenhua immediately stepped back on auction prices
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24 Aug 2023

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China Morning Snapshot – 24 August 2023

The slower inventory digestion underlines the stiffening resistance from the market, however, the total stocks remained very much manageable
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24 Aug 2023

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24 August 2023 - Shenhua's coal-based PP and PE Auction Results

The CNY50-60/ton increment on LLDPE and homo-PP proved too hefty for buyers as homo-PP deals slipped below 75%.
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23 Aug 2023

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Price List: Zhongjing introduces additional hikes on export PP offers.

While the producer continues putting in the effort to protect the bottom-line, real demand in Southeast Asia has not shown any improvement over the past several trading days.
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