China Morning Snapshot – 03 April 2019

03 Apr 2019 Inquiries for local homo-PP show a visible pick up during the early trading hours today following the unexpected shutdown at CNOOC and Shell Petrochemical.

03 Apr 2019 HD Film (CTO/MTO) LD Film (CTO/MTO) LL C4 Film (CTO/MTO) PPH Raf (CTO/MTO)

03 April 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:

02 Apr 2019 Styrene GPPS Inj HIPS Inj

Southeast Asian maker rollover PS offers to Vietnam despite strong SM costs

Thanks to the strong energy complex and falling inventories in China market, styrene monomer gains the support to end the seven consecutive days of falling.

02 Apr 2019 HD B/M LL C4 Film

Saudi maker steps back on PE offers to Vietnam, demand see little changes

The minor adjustment does not seem enough to stimulate the sluggish demand in the country, where buyers are very price sensitive amid ample availability of USA LLDPE cargoes in the local ground.