China Morning Snapshot – 17 June 2019

17 Jun 2019 HD Film (CTO/MTO) LD Film (CTO/MTO) LL C4 Film (CTO/MTO) PPH Raf (CTO/MTO)

17 June 2019: Auction sales result for Shenhua's coal-based cargoes in China

Auctions sales result for Shenhua’s coal-based polyolefin products in domestic China are as following:

14 Jun 2019 LL C4 Film PPH Raf SPVC k67-68

The 1909 for September delivery contract night trading on Dalian Commodity Exchange on 14 June 2019 settled as follows:

14 Jun 2019 LL C4 Film PPH Raf SPVC k67-68

The 1909 for September delivery contract on Dalian Commodity Exchange on 14 June 2019 settled as follows:

14 Jun 2019

Chinese buyers continue to wait on the sideline after much assessment on the recent oil tanker incident in the Strait of Hormuz.

14 Jun 2019 LL C4 Film PPH Raf SPVC k67-68

Auctions sales result for Shenhua’s coal-based polyolefin products in domestic China are as following:

13 Jun 2019 PPH Inj PPH Raf

Deals have been achieved at the mentioned prices, signalling that Chinese buyers are accepting this level.

13 Jun 2019 SPVC k67-68

Besides the lack of support from the upstream ethylene market, demand optic is weak.

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