Shenhua Auction: Strong futures open and firmer crude power pre-weekend sweep, though spot buyers stay cautious

PP and LLDPE futures on the Dalian Commodity Exchange (DCE) opened sharply higher on Friday alongside firmer crude oil before paring gains slightly by midday, still holding above Thursday's levels and lifting overall auction clearance at Shenhua Baotou Coal Chemical Co. from 95.3% to 98.2%.