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News Insight & Analysis

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China Morning Snapshot – 22 February 2022
22 Feb 2022 While local producers lifted the price lists slightly to reflect the strong crude oil market, the actual trading sentiment remains sluggish.
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21 Feb 2022

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[FREE] 21 February 2022 - Shenhua's coal-based PP and PE Auction Results

Chinese bidders continue to show weak buying appetite on the first trading day of the week even at lower price levels.
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21 Feb 2022

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Three digits hike in March PE offers to SEA from a key Saudi producer

Looking forward, a number of buyers expected the import HDPE and LLDPE film offers to reach the $1400/ton threshold to reflect the rising ethylene costs.
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21 Feb 2022

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Price List: Zhongjing Petrochemical keep export PP offers unchanged

In the week ending 18 February 2022, propylene CFR China gained $15/ton due to supply tightness following a series of crackers cutting operating rates and the fire incident in South Korea’s YNCC.
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21 Feb 2022

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Major local maker continues lifting PP, PE offers in Indonesia

The new price list prompted traders to maintain a firmer stance on both PP and PE offers in the distribution market, shrugging off the persistently weak demand condition.
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21 Feb 2022

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China Morning Snapshot – 21 February 2022

An increasing number of manufacturers gradually return to work this week; however, most prefer to make only small spot purchases to monitor further development before making any major decisions.
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18 Feb 2022

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[FREE] 18 February 2022 - Shenhua's coal-based PP and PE Auction Results

Following a disappointing auction session the previous day, Shenhua decided to lower deal prices sharply to stimulate demand.
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18 Feb 2022 PPH Raf

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Southeast Asian homo-PP market softens as weak demand, comfortable supply weigh

The Southeast Asian homo-PP market started to cool off toward the end of this week following weeks of tracking the firming trend in the face of the persistent sluggish demand
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