China Morning Snapshot – 19 September 2019

18 Sep 2019 SPVC k67-68

Taiwanese producer unexpectedly opens October PVC offers at stable to softer levels

The price decision is rather out of the market’s expectation as players initially called for a $10-20/ton increased.

18 Sep 2019 HD B/M HD Film LL C4 Film PPBC Inj PPH Inj PPH Raf

It is expected that the market might show acceptance in the coming days given the fact that local supply is tightening.

18 Sep 2019 LL C4 Film PPH Raf SPVC k67-68

The 2001 for January delivery contract night trading on Dalian Commodity Exchange on 18 September 2019 settled as follows:

18 Sep 2019 LL C4 Film PPH Raf SPVC k67-68

The 2001 for January delivery contract on Dalian Commodity Exchange on 18 September 2019 settled as follows:

18 Sep 2019 LL C4 Film PPH Raf

Local suppliers refused to concede to large discount citing the low inventories pressure at the moment.

18 Sep 2019 PPH Raf

The general expectation is that the import PP market in Asia would only extend the firming trend in the immediate term.

18 Sep 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:

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