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Bearishness persists across China, SEA import PE markets as year-end nears
In China and Southeast Asia, import PE markets have been on a month-long downtrend, weighed down by sluggish demand that overshadowed supportive costs. While some buyers showed lukewarm interest in early Lunar New Year preparations, a seasonal lull continued to dampen PE market sentiment in China. Meanwhile, Southeast Asian converters have halted restocking, opting to maintain cash flow ahead of the year-end...
