Nov 04, 2026 2:08 a.m.

Shenhua Auction: Higher reserves face buyer resistance as futures and crude soften

Sharp morning drops in Dalian Commodity Exchange (DCE) PP and LLDPE futures—alongside weaker crude oil prices—dragged prime-grade clearance down to 0.0%–43.6% (39.4% overall) at Shenhua Baotou Coal Chemical Co.’s Tuesday auction.

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