China Morning Snapshot – 23 January 2019
China Morning Snapshot – 23 January 2019
HD Film LL C4 Film
Dalian Commodity Exchange tidak ada momentum di pagi ini, sehingga sentimen di pasar spot semakin melemah.
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22 January 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 1905 |
CNY 8782 |
USD 1115 |
-CNY 84 |
-USD 12 |
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LLDPE 1905 |
CNY 8705 |
USD 1105 |
-CNY 55 |
-USD 8 |
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Spot Domestic Prices (EXW China, Cash equivalent) |
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PPH (East China) |
CNY 9100-9200 |
USD 1155-1168 |
-CNY 50 |
-USD 7 |
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LLDPE (North China) |
CNY 9000-9100 |
USD 1143-1155 |
Stable |
Stable |
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**All USD equivalent prices are exclusive of 16% VAT |
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Exchange rate: USD 1 = CNY 6.79 |
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Total inventories di gudang Sinopec dan CNPC’s warehouses turun 20,000 tons dibandingkan kemarin di 530.000 ton per tanggal 23 January 2019.
Meskipun adanya indikasi sentimen pasar akan melemah di minggu ini banyak supplier lokal yang menolak memberikan diskon dalam jumlah besar karena tidak adanya tekanan inventory. Pada pertengahan minggu ini, sumber masih belum melihat aktifitas pembelian terakhir sebelum Imlek seperti perkiraan minggu lalu.