China Morning Snapshot – 28 June 2019

27 Jun 2019 HD Film LL C4 Film

Following three digits reduction in July PE offers, Saudi producer conceded to additional discount to close deals in Vietnam

Buyers remain unimpressed by the fall while portraying a rather reluctance stance in proceeding with new purchases

27 Jun 2019 LL C4 Film PPH Raf

The 1909 for September delivery contract night trading on Dalian Commodity Exchange on 27 June 2019 settled as follows:

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

The 1909 for September delivery contract on Dalian Commodity Exchange on 27 June 2019 settled as follows:

27 Jun 2019

Meanwhile, the continuous falling local inventories might encourage domestic producers to maintain the firm stance on offers.

27 Jun 2019

Sources said that it is less likely overseas sellers could agree on deals for LLDPE film below the $900/ton threshold.

27 Jun 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:

26 Jun 2019 PPH Raf

Vietnamese buyers are still active in making replenishment, though less aggressive than observed in the previous week.

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