China Morning Snapshot – 23 May 2019

23 May 2019 Dalian Commodity Exchange plunged into the negative territory this morning, which also put a break on the uptrend in the domestic spot market.

23 May 2019 LL C4 Film

As LLDPE film prices in China slumped, SEA buyers await offers below $1000/ton mark

With such development, Southeast Asian buyers technically withdraw to the sideline with expectation that import offers for LLDPE film would soon drop.

23 May 2019 HD Film (CTO/MTO) LD Film (CTO/MTO) LL C4 Film (CTO/MTO) PPH Raf (CTO/MTO)

23 May 2019: Auction sales result for Shenhua's coal-based cargoes in China

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

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

Dalian Commodity Exchange: 22 May 2019 (Night trading)

The 1909 for September delivery contract night trading on Dalian Commodity Exchange on 22 May 2019 settled as follows:

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

Dalian Commodity Exchange: 22 May 2019

The 1909 for September delivery contract on Dalian Commodity Exchange on 22 May 2019 settled as follows:

22 May 2019

China Morning Snapshot – 22 May 2019

Sentiment in the domestic spot market is slightly calmer than the previous trading day.

22 May 2019 HD Film (CTO/MTO) LD Film (CTO/MTO) LL C4 Film (CTO/MTO) PPH Raf (CTO/MTO)

22 May 2019: Auction sales result for Shenhua's coal-based cargoes in China

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

21 May 2019 HD Film LD Film LL C4 Film

Thai and Qatar makers slashed import PE offers to China despite rebounded local market

The rapid depreciation of the Chinese Yuan against the US dollar poses a threat that local prices might extend the firming trend.

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