Chinese PET bottle breaches below the new threshold of $950/ton FOB

28 May 2019

China Morning Snapshot – 28 May 2019

The general sentiment is better than the first trading day of the week thanks to recovering in the futures market.

28 May 2019 HD Film (CTO/MTO) LD Film (CTO/MTO) LL C4 Film (CTO/MTO)

Auctions sales result for Shenhua’s coal-based polyolefin products in domestic China are as following:

27 May 2019 PPH Inj PPH Raf

Despite the reductions, the average import prices are still carrying a premium over local offers.

27 May 2019

Sources commented that the reduction might not be able to attract sufficient purchasing interest.

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

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

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

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

27 May 2019

Trading activities in the domestic spot market have yet to revive completely from a slow down observed late last week.

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