Shenhua Auction: Resilient futures buoyed auction results buying
Shenhua Auction Platform concluded the final trading session of the week with firm buying interest, supported by the steady performance of PP and LLDPE futures on the Dalian Commodity Exchange before prices eased toward the session close.
Shenhua Baotou Coal Chemical Co., China’s largest coal-based petrochemical producer, concluded its auction 22 August 2025, with the results for prime grades as follows:
|
Product |
Auction Volume |
Deal Volume |
Auction Prices |
Deal Prices |
Deal % |
||
|
CNY/ton |
USD/ton |
CNY/ton |
USD/ton |
||||
|
Combined and reported by CommoPlast |
|||||||
|
PPH Yarn |
1200 |
1082 |
6700 |
$826 |
6730-7070 |
$830-871 |
90.2% |
|
PPH Inj |
100 |
0 |
6700 |
$826 |
- |
- |
0.0% |
|
PPBC |
150 |
133 |
7050 |
$869 |
7050-7110 |
$869-876 |
88.7% |
|
LL Film |
550 |
549 |
7050 |
$869 |
7050-7220 |
$869-890 |
99.8% |
|
HD Film |
100 |
0 |
7450 |
$918 |
- |
- |
0.0% |
|
*Auction and Deal volumes are in tonnage *All USD equivalent prices only exclude the 13% value-added tax (VAT). They have not taken into account other costs that might incur in the selling process, i.e. import duty, customs clearances. |
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Auction platform: https://www.e-chnenergy.com
Auction time: Monday – Friday, 10 AM – 12 PM
Key Takeaway
Shenhua Auction Platform concluded the final trading session of the week with firm buying interest, supported by the steady performance of PP and LLDPE futures on the Dalian Commodity Exchange before prices eased toward the session close. Deals for both grades were concluded at levels broadly in line with the previous day.
“With the weekend approaching, most converters have already covered their requirements,” a local trader said. “Today’s purchases are mainly need-based and should not be seen as stronger demand. Next week’s activity will provide clearer direction.”
Written: Kat Yun Yun
Edited: Aiman Haikal