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 24 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 |
1940.8 |
1658 |
8350 |
$1045 |
8360-8670 |
$1046-1085 |
85.4% |
|
PPBC |
540 |
489 |
8350 |
$1045 |
8350-8830 |
$1045-1105 |
90.6% |
|
LLDPE |
207.5 |
207.5 |
7100 |
$889 |
7200-7340 |
$901-919 |
100% |
|
LDPE |
116 |
50 |
8300 |
$1039 |
8600 |
$1076 |
43.1% |
|
HDPE |
100 |
10 |
7400 |
$926 |
7400 |
$926 |
10% |
|
*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 |
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Terlihat jumlah deal hari ini cukup tinggi, menunjukkan pembeli China cukup confidence
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.