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Indonesian producer kickstarted the new year with steep hikes on PP cargoes
02 Jan 2024 The Indonesian PP and PE market concluded 2023 on a strong note with a key domestic producer introducing two consecutive hikes just before taking off for the long New Year holiday.
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28 Dec 2023

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China Morning Snapshot – 28 December 2023

Over the past week, China's domestic PP and PE market has been firming up, but at a relatively sluggish pace despite the heightening overseas supply concerns due to rising shipping costs and longer lead time.
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28 Dec 2023

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

Market sources believed that the firming trend might persist in the coming month, driven by the rising international market and shipping costs, however, the upswing might be at a gradual pace.
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27 Dec 2023

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China Morning Snapshot – 27 December 2023

In the local market, buying activity is subdued, with resistance evident towards firmer prices. Sellers of PP note a weakened buying appetite among customers, citing slow end product orders
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27 Dec 2023

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China Morning Snapshot – 26 December 2023

Trading activities in the domestic spot market performed modestly throughout the first half of the day with buyers placing small need-based orders for both PP and PE.
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27 Dec 2023

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27 December 2023 - Shenhua's coal-based PP and PE Auction Results

Market players noted that customers anticipate better support for PE prices, attributing this expectation to PE's higher dependency on import cargoes compared to PP.
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26 Dec 2023

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At 10-month highs, how much higher can the Indonesian homo-PP market climb?

At the time being, a large number of market participants, both local and regional believed that the Indonesian PP market would remain on the uptrend in the next several weeks.
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26 Dec 2023

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26 December 2023 - Shenhua's coal-based PP and PE Auction Results

Shenhua informed that the morning auction results were intended for reference due to technical issues on the auction website, leading to the cancellation of the auction sales.
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