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

17 May 2019

Statistics: Import PP, PE to China mixed in April

Market players are expecting the import arrivals to drop in May given the sluggish demand condition in recent weeks.

17 May 2019 SPVC k64-65

In the import market, a major Taiwanese producer sold out the allocation to India right after the new price announcement.

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

The 1909 for September delivery contract night trading on Dalian Commodity Exchange on 17 May 2019 settled as follows:

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

The 1909 for September delivery contract on Dalian Commodity Exchange on 17 May 2019 settled as follows:

17 May 2019 HD Film LL C4 Film

Meanwhile, players are expecting the market to stabilize in the near term citing that current prices are already at multi-year low.

17 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:

16 May 2019 PPH Raf

Meanwhile, local traders are not very interested in making fresh replenishment citing that the downtrend has just only started.

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