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 sudah menutup sesi lelang untuk kargo PP dan PE berbasis coal per 16 Oktober 2019.
Tabel dibawah ini menunjukkan hasil lelang untuk grade prime saja:
|
Product |
Auction Volume |
Deal Volume |
Auction Prices |
Deal Prices |
Deal % |
|||
|
CNY/ton |
USD/ton |
CNY/ton |
USD/ton |
|||||
|
Combined and reported by CommoPlast |
||||||||
|
Homo-PP |
1729.7 |
663.7 |
8440 |
$1055 |
8440-8800 |
$1055-1100 |
38.4% |
|
|
PPBC |
407.9 |
96 |
8700 |
$1087 |
9080 |
$1135 |
23.5% |
|
|
LLDPE |
200 |
0 |
7450 |
$931 |
- |
- |
0% |
|
|
LDPE |
216 |
0 |
8250 |
$1031 |
- |
- |
0% |
|
|
HDPE |
400 |
60 |
7550 |
$944 |
7600 |
$950 |
15% |
|
|
*Auction and Deal volumes are in tonnage *All prices in CNY are included of 13% VAT rate and based on EXW China term *All USD equivalent prices are excluded of 13% VAT rate |
||||||||
Jumlah persentase deal menunjukkan minat beli sepi di antara pembeli lokal China.
Background:
Shenhua Baotou Coal Chemical Co saat ini adalah produsen polyolefin berbasis batu-bara terbesar di China, dan memiliki operasi di 4 perusahaan subsidiary: Shenhua XinJiang Coal-based New Materials Project, Shenhua Yulin Energy Co Ltd, Shenhua Baotou Coal Chemical Co Ltd dan Shenhua Ningxia Coal Industry Group (Ningmei).
Perusahaan ini memiliki Plant PP berkapasitas 2.65juta ton/tahun, Swing Plant HDPE/LLDPE berkapasitas 750.000ton/tahun dan LDPE berkapasitas 570.000ton/tahun.
Shenhua Baotou Coal Chemical Co aktif di perdagangan spot trader, yang juga mengatakan sesi lelang untuk kargo mereka diantara jam 10 pagi hingga jam 12 Siang di platform khusus: https://www.e-shenhua.com.