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China Morning Snapshot - 12 December 2022
12 Dec 2022 Key PP and LLDPE contracts on Dalian Commodity Exchange ended the morning session with drastic gains as investors ride on the wave of speculations that the easing COVID-19 controls would put the Chinese health care system to a test
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12 Dec 2022

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12 December 2022 - Shenhua's coal-based PP and PE Auction Results

Chinese bidders actively procure cargoes on the Shenhua auction platform following a sharp increase in futures trading.
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09 Dec 2022

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Southeast Asian PVC suppliers aggressively lifted January offers to Malaysia

As discussed earlier, Asian market participants generally expected the current rebound trend to persist in the next couple of months as suppliers are free from sales pressure after achieving strong sales results in India over the past weeks.
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09 Dec 2022

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Higher import Chinese PET faces stiff resistance in Indonesia

While the reopening in China has been fueling expectations for a strong revival of demand in the coming months, overseas customers remain cautious due to the gloomy global economic outlook
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09 Dec 2022

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China Morning Snapshot - 09 December 2022

Following the drastic easing of COVID-19 controls, market players expect municipal governments to introduce stimulus packages to push consumption ahead of the Lunar New Year.
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09 Dec 2022

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9 December 2022 - Shenhua's coal-based PP and PE Auction Results

Market participants said that the strong auction results clearly indicated the ongoing restocking activities, though buyers remained selective in terms of prices.
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08 Dec 2022

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China Morning Snapshot - 08 December 2022

The total PP and PE stocks at Sinopec and CNPC’s warehouses are rather manageable, and many traders are having low on-hand stocks after months of refraining from stocking up materials.
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08 Dec 2022

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8 December 2022 - Shenhua's coal-based PP and PE Auction Results

Toward the weekend, Shenhua softens its stance on auction prices, agreeing to CNY20-50/ton discounts to entice demand.
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