China Morning Snapshot – 30 September 2019

27 Sep 2019

UPDATE: Feedstock supply normalized at Saudi plants

Advanced Petrochemical Company (APC) has yet to make any announcement regarding the latest feedstock status.

27 Sep 2019 LL C4 Film PPH Raf SPVC k67-68

The 2001 for January delivery contract night trading on Dalian Commodity Exchange on 27 September 2019 settled as follows:

27 Sep 2019 LL C4 Film PPH Raf SPVC k67-68

The 2001 for January delivery contract on Dalian Commodity Exchange on 7 September 2019 settled as follows:

27 Sep 2019 PET Bottle

Chinese suppliers also complain about the sluggish demand condition despite the latest price cuts.

27 Sep 2019 LL C4 Film PPH Inj PPH Raf

Several companies would still open during the weekend, however, there is no major market movement expected.

27 Sep 2019 HD Film LD Lamination LL C4 Film BOPP PPH Inj PPH Raf

It was initially understood that supply was regular compared to last month despite the recent feedstock disruption at the plant.

27 Sep 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:

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