20 Jul 2020
Transactions are moderate on the Shenhua auction platform this morning at lower price levels compared to last week.
It is expected that domestic spot offers might continue to soften in the coming days despite the supply tightness condition.
17 Jul 2020
Shenhua Baotou Coal Chemical Co is currently the largest coal-based polyolefins producer in China, operates under four subsidiaries.
Buyers continue to wait on the sideline as the flood hurt demand while escalating tension between China and the USA add more uncertainties to the outlook.
16 Jul 2020
The constantly weak transaction clearly underlined the lack of confidence among local buyers.
After four straight days of dwindling transactions in the domestic ground, it appears that traders become more concerned over the demand condition.
15 Jul 2020
Local manufacturers prefer to wait for lower prices considering the unfavorable macro-environment.
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