China Morning Snapshot – 12 February 2020

11 Feb 2020

Qatari producer continue cutting PE offers to China amid lacking activities

Demand is thin in this market despite the persistently tight supply from overseas sellers

11 Feb 2020

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

11 Feb 2020

Inventories at Sinopec and CNPC’s warehouses continue to increase from the previous trading day, sending local prices a notch lower.

10 Feb 2020

Weaker purchasing interest and cloudy market outlook are cited as the main factors affecting the price decision.

10 Feb 2020

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

10 Feb 2020

While some companies have started working, most remain shut until further notice from the government.

07 Feb 2020

It is important to note that most takers are manufacturers, who reportedly was unable to procure sufficient materials prior to the holiday.

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