Shenhua Auction: Price cuts lift some clearance, but demand remains weak as softer futures impact sentiment
Softer, range-bound PP and LLDPE January 2027 futures on the Dalian Commodity Exchange (DCE) weighed on Shenhua Baotou Coal Chemical Co.’s auction sentiment on Friday, keeping clearance rates below 40% across all three grades offered that attracted bids.
This is a paid section
Sign
In
Country
China
Related News
- [MEMBER] Shenhua Auction: Reserve floor cuts revive liquidity to 91.5% as buyers capture spot discounts
- [MEMBER] Shenhua Auction: Deep discounts to spot market drive 96.6% clearance despite sluggish factory demand
- [MEMBER] Shenhua Auction: Futures pullback and firmer reserve floors slam liquidity as buyers dig in
