China: Auction sales result for Shenhua's coal-based PP and PE

25 Mar 2020

China Morning Snapshot – 25 March 2020

Transactions in the domestic spot market remain steady as buyers continue to look for discounted cargoes in the market.

24 Mar 2020 HD Film LL C4 Film

The fresh PE offers from a major Saudi Arabia producer for April shipment see $20-30/ton reduction from the previous month.

24 Mar 2020 LL C4 Film

Import LLDPE film based on CFR China, LC AS equivalent has now hit the lowest level since CommoPlast started tracking the prices in 2016.

24 Mar 2020

Shenhua Baotou Coal Chemical Co is currently the largest coal-based polyolefins producer in China, operates under four subsidiaries.

24 Mar 2020

Customers are throwing very aggressive negotiations for discount before procuring the cargoes.

23 Mar 2020

The price cut in LDPE film is very much anticipated following the drastic reduction the producer introduced in the Vietnam market.

23 Mar 2020

However, purchasing interest remains very sluggish, as buyers have either completed replenishment or having low confidence in the near-term outlook.

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