09 Mar 2020
Shenhua Baotou Coal Chemical Co is currently the largest coal-based polyolefins producer in China, operates under four subsidiaries.
Dalian Commodity Exchange for PP and PE reached the maximum daily drop limit of 4% following the global equity market.
These cargoes were initially meant for March 2020 arrival, however, the last shipping date for some parcels to Vietnam has been rescheduled.
06 Mar 2020
Separate cargoes required separate set of documents and there is a possibility that the application would not receive approval.
Local buyers continue to search for LDPE film cargoes while having limited interest in other grades on the final trading day of the week.
The panic buying momentum quickly dissolved following the stimulus package from the Indonesian government that helped to stabilize the exchange rates.
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