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News Insight & Analysis

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Chinese PVC market gallops higher; regional market expects sharp hikes on July shipment
28 May 2024 Across the Asian market, players keep a close eye on the bullish development in China while gauging the possible pricing direction for July shipment offers.
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28 May 2024

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China Morning Snapshot – 28 May 2024

The local market experienced muted buying activity as most industry participants, having placed sufficient orders yesterday, chose to remain on the sidelines.
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28 May 2024

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28 May 2024 - Shenhua's coal-based PP and PE Auction Results

It was evident that local buyers eagerly rushed to place bids, seizing the opportunity presented by the stable auction prices amid a backdrop of producers maintaining a strong stance in the spot market.
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27 May 2024

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Price List: Zhongjing Petrochemical initiates price hike of $5/ton on supply constraints

Initial responses among Southeast Asian buyers are rather subdued. Higher export offers coupled with the surging shipping costs make it more expensive for overseas buyers
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27 May 2024

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Drastic surge in Vietnamese LDPE market attract exports from China

The Vietnamese LDPE film market registered a drastic surge this week after a major Saudi Arabia producer introduced $140 – 150/ton hike on June shipment offers compared to last month’s list price.
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27 May 2024

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China Morning Snapshot – 27 May 2024

As reported earlier, Chinese buyers believed that local suppliers are growingly facing inventory pressure citing the current stock levels are way above the psychological threshold of 800,000 tons.
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27 May 2024

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27 May 2024 - Shenhua's coal-based PP and PE Auction Results

Despite the continued rising futures contracts on the Dalian Commodity Exchange, Shenhua decided to roll over deal prices from the previous session, except LLDPE gaining just CNY10/ton
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25 May 2024

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Mixture of soft demand, volatile futures market, rallying shipping costs spin Chinese PET bottle sector

The rally in the futures market at the beginning of the week on bullish expectations over the property market encouraged Chinese PET suppliers to lift export offers by $15 – 20/ton week-on-week.
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