15 May 2020
Shenhua Baotou Coal Chemical Co is currently the largest coal-based polyolefins producer in China, operates under four subsidiaries.
Sources said that the reason spot prices haven’t recorded any major reductions is due to tighter overseas supply and surging ethylene costs.
The rapid increased in ethylene market has started to attract deep-seas cargoes from the USA, according to market sources.
14 May 2020
In the meantime, the National People’s Congress on 22 May 2020 promises a brighter consumption prospect.
13 May 2020
Sources said that the adjusted prices remain unattractive and very limited number of deals have been achieved.
13 May 2020 ABS Inj (Natural)
Household products manufacturers are reporting between 20-30% reduction in end product orders due to the outbreak.
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