Dalian Commodity Exchange: 08 May 2019

08 May 2019

China Morning Snapshot – 8 May 2019

Sentiment in the domestic spot market is rather sluggish as buyers remain on the sideline to monitor the development in China-USA trade talks.

08 May 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:

07 May 2019

Availability for LLDPE film is rather comfortable this round, sources reported while other grades remains tight, especially for homo-PP

07 May 2019 LL C4 Film PPH Raf SPVC k67-68

The 1909 for September delivery contract night trading on Dalian Commodity Exchange on 07 May 2019 settled as follows:

07 May 2019 LL C4 Film PPH Raf SPVC k67-68

The 1909 for September delivery contract on Dalian Commodity Exchange on 07 May 2019 settled as follows:

07 May 2019

Apparently, PP output witnessed a more severe reduction compared to PE.

07 May 2019

Sources fear that trade war would resume at the full swing and dampen sentiment in the coming months.

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