China Morning Snapshot – 27 May 2019

27 May 2019

Another Saudi maker opens June shipment PP, PE offers to SEA

While the market is on the downtrend, it appears that the producer is not willing to accept bids for LLDPE film at below the $1000/ton threshold.

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

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

24 May 2019 HD Film LD Film LL C4 Film

With both LLDPE and LDPE film have plunged steeply to the multi-year low levels, buyers started asking the question about HDPE film market.

24 May 2019 LL C4 Film PPH Raf

The 1909 for September delivery contract night trading on Dalian Commodity Exchange on 24 May 2019 settled as follows:

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

The 1909 for September delivery contract on Dalian Commodity Exchange on 24 May 2019 settled as follows:

24 May 2019

The steep reduction in the energy complex has negatively affected the sentiment in both spot and future market.

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

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

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