China Shenhua Energy Co., Ltd., a listed arm of China Energy Investment Corp, saw its total polyolefin sales rise 1% or 600 tonnes year on year and 1% or 1,100 tonnes on the month to 59,500 tonnes in December 2023, said the company in a report on January 14.
The company's polyethylene sales were 32,800 tonnes, up 0.3% on the year and 6.5% month on month. Sales of polypropylene increased 1.9% year on year but fell 3.3% month on month to 26,700 tonnes.
Total sales of polyolefin in 2023 were 705,900 tonnes, up 1% from the preceding year, while polyethylene sales were 364,400 tonnes, up 1.7% from the year-ago level and polypropylene sales were at 341,500 tonnes, a 0.3% uptick.
(Writing by Riley Liang Editing by Emma Yang)
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