The Chinese PE market has navigated a profound structural shift over the past 12 months, characterized by a persistent downtrend in LLDPE prices that has prompted aggressive, yet largely reactionary, operational pivots from domestic producers.
| PP | LLDPE | PVC | |
|---|---|---|---|
| Close (CNY/ton) | 6,266 +49 | 6,390 +40 | 4,757 +16 |
| Close (USD/ton) | 792 +7 | 808 +6 | 601 +2 |
| Volume | 536,001 -3751 | 542,399 +2047 | 979,053 +5776 |
| * All USD prices are excluding VAT basis Volume indicates number of contracts |
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| PX | PTA | MEG | |
|---|---|---|---|
| Close (CNY/ton) | 7,358 +34 | 5,152 +50 | 3,818 +84 |
| Close (USD/ton) | 930 +5 | 651 +7 | 483 +12 |
| Volume | 278,208 +1288 | 1,410,000 +90000 | 329,232 -19881 |
| * All USD prices are excluding VAT basis Volume indicates number of contracts |
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