China Morning Snapshot – 14 February 2019
China Morning Snapshot – 14 February 2019
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Pembicaraan perdagangan antara China dan USA mulai bertanda positive namun Dalian Commodity Exchange tetap turun selama sesi pagi ini.
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13 February 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 8648 |
USD 1101 |
-CNY 19 |
-USD 3 |
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LLDPE 1905 |
CNY 8550 |
USD 1089 |
+CNY 15 |
+USD 2 |
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Spot Domestic Prices (EXW China, Cash equivalent) |
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PPH (East China) |
CNY 8700-8800 |
USD 1108-1121 |
-CNY 50 |
-USD 7 |
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LLDPE (North China) |
CNY 8600-8900 |
USD 1095-1133 |
-CNY100 |
-USD15 |
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**All USD equivalent prices are exclusive of 16% VAT |
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Exchange rate: USD 1 = CNY 6.77 |
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Total inventory di gudang Sinopec dan CNPC’ tidak berubah tetap di 1.085.000 tons per tanggal 14 February 2019.
Sentimen di pasar spot domestik mulai membaik karena pembeli perlahan-lahan kembali ke pasar, dan mulai mengecek harga penawaran terakhir. Namun transaksi tidak cukup banyak untuk menurunkan inventory di gudang Sinopec dan CNPC.
"Kami memberikan diskon untuk mendorong pembelian. Pasar mulai menghangat dan kami semakin menaruh harapan di minggu depan,“ laporan trader.