CommoPlast

China: Auction sales result for Shenhua's coal-based PP and PE

China: Auction sales result for Shenhua's coal-based PP and PE


HD Film (CTO/MTO)  LD Film (CTO/MTO)  LL C4 Film (CTO/MTO)  PPH Raf (CTO/MTO) 


Shenhua Baotou Coal Chemical Co sudah menutup sesi lelang untuk kargo PP dan PE berbasis coal per 16 Oktober 2019. 
Tabel dibawah ini menunjukkan hasil lelang untuk grade prime saja:

Product

Auction Volume

Deal Volume

Auction Prices

Deal Prices

Deal %

CNY/ton

USD/ton

CNY/ton

USD/ton

Combined and reported by CommoPlast

Homo-PP

1729.7

663.7

8440

$1055

8440-8800

$1055-1100

38.4%

PPBC

407.9

96

8700

$1087

9080

$1135

23.5%

LLDPE

200

0

7450

$931

-

-

0%

LDPE

216

0

8250

$1031

-

-

0%

HDPE

400

60

7550

$944

7600

$950

15%

*Auction and Deal volumes are in tonnage 

*All prices in CNY are included of 13% VAT rate and based on EXW China term

*All USD equivalent prices are excluded of 13% VAT rate

                 

Jumlah persentase deal menunjukkan minat beli sepi di antara pembeli lokal China.

Background

Shenhua Baotou Coal Chemical Co saat ini adalah produsen polyolefin berbasis batu-bara terbesar di China, dan memiliki operasi di 4 perusahaan subsidiary: Shenhua XinJiang Coal-based New Materials Project, Shenhua Yulin Energy Co Ltd, Shenhua Baotou Coal Chemical Co Ltd dan Shenhua Ningxia Coal Industry Group (Ningmei).

Perusahaan ini memiliki Plant PP berkapasitas 2.65juta ton/tahun, Swing Plant HDPE/LLDPE berkapasitas 750.000ton/tahun dan LDPE berkapasitas 570.000ton/tahun.

Shenhua Baotou Coal Chemical Co aktif di perdagangan spot trader, yang juga mengatakan sesi lelang untuk kargo mereka diantara jam 10 pagi hingga jam 12 Siang di platform khusus:  https://www.e-shenhua.com.   


Country
China