China Morning Snapshot – 22 May 2019

22 May 2019 HD Film (CTO/MTO) LD Film (CTO/MTO) LL C4 Film (CTO/MTO) PPH Raf (CTO/MTO)

22 May 2019: Auction sales result for Shenhua's coal-based cargoes in China

Auctions sales result for Shenhua’s coal-based polyolefin products in domestic China are as following:

21 May 2019 HD Film LD Film LL C4 Film

The rapid depreciation of the Chinese Yuan against the US dollar poses a threat that local prices might extend the firming trend.

21 May 2019

A major Malaysian producer has announced June shipment offers for both PP and PE to Indonesia mostly at unchanged levels.

21 May 2019 LL C4 Film PPH Raf SPVC k67-68

The 1909 for September delivery contract night trading on Dalian Commodity Exchange on 21 May 2019 settled as follows:

21 May 2019 LL C4 Film PPH Raf SPVC k67-68

The 1909 for September delivery contract on Dalian Commodity Exchange on 21 May 2019 settled as follows:

21 May 2019 PET Bottle

In Indonesia, demand is falling ahead of the long Ramadan holiday at the beginning of June.

21 May 2019

The significant depletion in inventory levels among major local producer highlighted the healthy demand condition from domestic buyers.

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