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12 July 2023 - Shenhua's coal-based PP and PE Auction Results
12 Jul 2023 Trading activities on the Shenhua auction platform continued to witness leveraged sales with both homo-PP and LLDPE securing full deals supported by the limited auction volume
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11 Jul 2023

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Statistics: China’s PP, PE import arrival recovered in May, but down year-on-year

Higher import arrival coupled with rising local production outputs led to a bloated domestic market throughout the month, which in turn, weighed heavily on both PP and PE prices.
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11 Jul 2023

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China Morning Snapshot – 11 July 2023

Most traded PP and LLDPE contracts on Dalian Commodity Exchange rallied throughout the morning session on optimism that the government might extend economic support measures
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11 Jul 2023

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Asian suppliers lifted homo-PP offers to Indonesia; buyers remained conservative

Nevertheless, market players believed that the recent downswing has reached the cyclical bottom and the absence of sales pressure would encourage sellers to maintain a firm stance on the prices.
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11 Jul 2023

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11 July 2023 - Shenhua's coal-based PP and PE Auction Results

Still, Shenhua facilitated demand by offering discounts of CNY20/ton on homo-PP and CNY80/ton on LLDPE cargoes
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10 Jul 2023

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Statistics: Local petchem outputs in China continued recovering in May

It is interesting that local plants have been churning out more than 1 million tons of HDPE monthly for three consecutive months
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10 Jul 2023

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Price List: Zhongjing rollovers export PP offers on upbeat local sentiment

Investors seems more confident in the near-term outlook following the latest official meeting between the US and China that aims to improve the trade relations between the two countries.
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10 Jul 2023

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China Morning Snapshot – 10 July 2023

Regardless of the dwindling futures market, domestic suppliers maintain a firm stance on spot PP and PE cargoes, fetching support primarily from the reduced inventory pressure.
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