[FREE] 30 September 2021 - Shenhua's coal-based PP and PE Auction Results

To perform month-end closing, Shenhua Baotou Coal Chemical Co decided not to carry out an auction session for its coal-based PP and PE cargoes on 30 September 2021. The company focuses on delivering the previously sold cargoes before taking off for the week-long National Day holiday.

The auction session would resume on 8 October 2021. 

Background: 

Shenhua Baotou Coal Chemical Co is currently the largest coal-based polyolefins producer in China, operates under four subsidiaries, namely: Shenhua Xinjiang Coal-based New Materials Project, Shenhua Yulin Energy Co Ltd, Shenhua Baotou Coal Chemical Co Ltd and Shenhua Ningxia Coal Industry Group (Ningmei).

The company has an annual capacity of 2.65 million tons/year of PP, 750,000 tons/year of HDPE/LLDPE and 570,000 tons/year of LDPE.

Shenhua Baotou Coal Chemical Co is active in spot trading, while also conducting the daily auction for its cargoes daily between 10 AM to 12PM on the official online platform that specifically designed for this purpose: https://www.e-shenhua.com