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China Morning Snapshot – 23 May 2019China Morning Snapshot – 23 May 2019 |
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Mengikuti pasar saham, Dalian Commodity Exchange ke sisi negatif pagi ini, sehingga mematahkan tren kenaikan di pasar spot domestik.
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23 May 2019 |
Prices in CNY |
USD Equivalent |
Changes in CNY |
Changes in USD |
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Dalian Commodity Exchange (Mid-day closing) |
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PP 1909 |
CNY 8304 |
USD 1063 |
-CNY 106 |
-USD 15 |
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LLDPE 1909 |
CNY 7825 |
USD 1002 |
-CNY 115 |
-USD 17 |
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Spot Domestic Prices (EXW China, Cash equivalent) |
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PPH (East China) |
CNY 8500-8650 |
USD 1089-1108 |
-CNY 50 |
-USD 7 |
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LLDPE (North China) |
CNY 7850-8100 |
USD 1005-1037 |
-CNY 100 |
-USD 14 |
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**All USD equivalent prices are exclusive of 16% VAT |
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Exchange rate: USD 1 = CNY 6.91 |
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Total inventory di gudang Sinopec dan CNPC turun 15.000 dibandingkan kemarin ke 750.000 per tanggal 23 May 2019.
Inventory di gudang produsen lokal ini turun dibawah level psikologis tetapi supplier lokal tidak percaya diri untuk mempertahankan harga. Malah memberikan diskon CNY 50-100/ton ($7-14/ton) secepatnya setelah perdagangan future turun.
Country
China
