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) PPBC Inj (CTO/MTO) PPH Raf (CTO/MTO)
Shenhua Baotou Coal Chemical Co sudah menutup lelang untuk kargo PP dan PE berbasis coal per 11 Nov 2019.
|
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 |
1923 |
830 |
8200 |
$1037 |
8200-8500 |
$1037-1075 |
43.2% |
|
|
PPBC |
262 |
0 |
8700 |
$1100 |
- |
- |
0% |
|
|
LLDPE |
93 |
0 |
7550 |
$954 |
- |
- |
0% |
|
|
LDPE |
216 |
0 |
8000 |
$1011 |
- |
- |
0% |
|
|
HDPE |
0 |
0 |
- |
- |
- |
- |
- |
|
|
*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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Pemain tetap konservatif di hari Senin ini sehingga jumlah deal lelang ini sangat mengecewakan.
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.