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News Insight & Analysis

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Local PP market in Indonesia surged sharply while PE remains dwindling
30 Jan 2023 The latest hikes send a shockwave throughout the domestic market and motivate international suppliers to mimic the pricing movement.
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30 Jan 2023

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China Morning Snapshot - 30 January 2023

Economic activities including travel and entertainment are recovering, further reinforcing the optimism about better demand conditions ahead.
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30 Jan 2023

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30 January 2023 - Shenhua's coal-based PP and PE Auction Results

Shenhua decided to lift deal prices for both homo-PP and LLDPE by CNY50/ton compared to the previous day, but many customers are still away from the market
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26 Jan 2023

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Malaysian producer announced February PP, PE offers with large hikes to Indonesia

The tightening supply outlook encourage buyers, particularly in the Southern Asia region to stock materials, further bolster the uptrend.
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25 Jan 2023

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Indonesian producer surprisingly softened stance on spot PP, PE offers amid rising import market

While the latest price list was criticized for causing disruption in the distribution market, players speculated that the producer was attempting to lure customers back to the local ground
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25 Jan 2023 PPH Inj PPH Raf

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Import homo-PP continues to gallop higher in Indonesia albeit limited offers

According to data from Oanda, the Rupiah breaches below the 15,000 threshold to a US dollar for the first time over the past 90 days on the global expectation of a less hawkish FED in the next interest rate meeting.
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18 Jan 2023

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The ultra-bullish Chinese PE market: Saudi LLDPE film concluded with large hikes

The audacious purchasing activities among Chinese customers this week raise many eyebrows overseas and the risk-taking just gets bolder as the long Lunar New Year holiday draws near.
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18 Jan 2023

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China Morning Snapshot - 18 January 2023

Although the price homo-PP gap between futures and spot markets has narrowed to CNY173-223/ton ($25 – 33/ton), arbitrage traders remained active to take advantage of the situation
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