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 has concluded the auction session for its coal based PP and PE cargoes on 15 October 2019. The following table showed the details of the auction results for prime grade only:
|
Product |
AuctionVolume |
Deal Volume |
Auction Price |
Concluded Price |
Deal %
|
||
|
CNY/ton |
USD/ton |
CNY/ton |
USD/ton |
||||
|
PP Homo |
1727 |
1040 |
8350 |
$1045 |
8440-8850 |
$1056-1108 |
45.67% |
|
PPBC |
357.95 |
146 |
8740 |
$1094 |
9140-9600 |
$1144-1202 |
28.57% |
|
LLDPE |
200 |
200 |
7450 |
$933 |
7510-7520 |
$940-941 |
100% |
|
LDPE |
235 |
66 |
7700 |
$964 |
7710 |
$965 |
31.88% |
|
HDPE |
400 |
300 |
7600 |
$941 |
7620-7640 |
$954-956 |
66.7% |
|
*Auction and Deal volumes are in tonnage *All prices in CNY are included 13% VAT rate and based on EXW China term *All USD equivalent prices are excluded 13% VAT rate
|
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