A major Indonesian producer raised its new PVC shipment offers to Malaysia from last month’s opening list this week, backed by elevated ethylene feedstock costs and shipping delays on competing Chinese cargoes.
China’s PET bottle market fell sharply in the week ending 11 November 2026 after holding steady last week, as weaker global crude oil and falling Zhengzhou Commodity Exchange (ZCE) feedstock futures forced producers to cut offers.
Thailand's SCG Chemicals Public Company Limited (SCGC) has shut a HDPE unit operated by its wholly owned subsidiary, Thai Polyethylene Co., Ltd. (TPE), in Map Ta Phut, Rayong province, for a one-month scheduled turnaround.
| PP | LLDPE | PVC | |
|---|---|---|---|
| Close (CNY/ton) | 9,192 +115 | 8,368 +22 | 4,931 +29 |
| Close (USD/ton) | 1,220 +17 | 1,110 +3 | 654 +4 |
| Volume | 560,622 -3381 | 387,456 +8247 | 880,827 -28043 |
| * All USD prices are excluding VAT basis Volume indicates number of contracts |
|||
| PX | PTA | MEG | |
|---|---|---|---|
| Close (CNY/ton) | 8,448 +124 | 6,050 +98 | 5,048 +169 |
| Close (USD/ton) | 1,121 +19 | 803 +15 | 670 +25 |
| Volume | 110,846 +2761 | 953,292 +45836 | 360,524 +39479 |
| * All USD prices are excluding VAT basis Volume indicates number of contracts |
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