Sep 03, 2026 4:10 p.m.

Shenhua Auction: Competitive pricing sustains bulk resin uptake as futures turn range-bound

Despite the loss of upward paper momentum, Shenhua Baotou Coal Chemical Co.maintained solid sales across core commodity grades, concluding the session with an aggregate clearance rate of 90.4% as converters continued to capitalise on competitive auction thresholds relative to firmer local distribution offers.

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