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News Insight & Analysis

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Saudi maker announced September PE offers to Southeast Asia
23 Aug 2021 Meanwhile, Indonesian customers were informed that the allocations to this market have been cut by up to 90% from the usual month, which encourages the supplier to maintain a firm stance on the cargoes.
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23 Aug 2021

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Malaysia maker slashed September PP, PE offers to Indonesia

Even with the $50/ton reduction on most PP cargoes, Indonesian buyers find the latest offers from the producer unattractive.
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23 Aug 2021

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China Morning Snapshot – 23 August 2021

Traders are willing to negotiate with serious buyers to push for month-end sales, now that export window is closing.
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23 Aug 2021

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23 August 2021: Auction sales result for Shenhua's coal-based PP and PE

While the number of transactions for homo-PP has improved significantly, Chinese bidders are less interested in PE cargoes
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20 Aug 2021

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Malaysian players: Demand outlook improves as converters ramp up run rates

Local traders are confident that domestic PP and PE prices would be stable to firmer in September citing the resumptions at many sectors and the depreciating Ringgits against the US dollar.
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20 Aug 2021

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China Morning Snapshot – 20 August 2021

The weakening futures market and the energy complex clouded the near-term market outlook and force local sellers to step back on the spot PP and PE prices.
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20 Aug 2021

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20 August 2021: Auction sales result for Shenhua's coal-based PP and PE

Chinese buyers decided to slow down purchases for PE cargoes on the final auction session of the week following four consecutive days of active buying.
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19 Aug 2021 PET Bottle

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Indonesian customers see improving PET demand as lockdown eased

The government has been gradually lifting movement control measures, allowing markets and malls to reopen, easing the pressure on end product businesses.
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