China Morning Snapshot – 16 March 2020

13 Mar 2020 mPE C6

Indonesia’s Chandra Asri started offering mPE cargoes to overseas market

Chandra Asri expanded PE capacity in 2019 by adding one more production line that pushed the total output to 736,000 tons/year.

13 Mar 2020

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

13 Mar 2020

With the fresh price cuts, it appears that Chinese buyers are more willing to make replenishment, sources said.

12 Mar 2020

There have been reports that purchasing activities in the local market are declining following an uptick in the previous weeks.

12 Mar 2020 LD Film LL C4 Film

Local producers seemingly shrug off the high inventories pressure to bet on the continuously improving demand condition in the coming days.

12 Mar 2020

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

12 Mar 2020

Buyers are attempting to request for more discounts from local producers yet received rejection.

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