China Morning Snapshot – 25 February 2019

25 Feb 2019 HD Film (CTO/MTO) LD Film (CTO/MTO) LL C4 Film (CTO/MTO) PPH Raf (CTO/MTO)

25 February 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:

22 Feb 2019

Demand in local market should slowly pick up in the near term in preparation for the Ramadan season.

22 Feb 2019 LL C4 Film PPH Raf SPVC k67-68

The 1905 for May delivery contract on Dalian Commodity Exchange on 22 February 2019 settled as follows:

22 Feb 2019 HD Film LL C4 Film

There have been concerns that more imports cargoes are scheduled to arrive in the coming week, which might add pressure to the market.

22 Feb 2019 HD Film LD Lamination LL C4 Film PPH Raf

This is in line with the support from stronger upstream costs but soft demand regionally after the long Lunar New Year holiday.

22 Feb 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:

21 Feb 2019 HD Film LL C4 Film

It appears that players are more willing to place orders these two days given the persistent firm stance from the sellers.

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