China’s PVC market reversed its multi-week supply-led rally across both domestic and export segments in the week ending 5 November 2026, as a four-day sell-off on the Dalian Commodity Exchange (DCE), a mid-week collapse in global crude oil benchmarks, and persistently weak downstream demand forced sellers to trim offers.
| PP | LLDPE | PVC | |
|---|---|---|---|
| Close (CNY/ton) | 9,585 -256 | 8,792 -314 | 4,975 +4 |
| Close (USD/ton) | 1,276 -38 | 1,170 -47 | 662 +1 |
| Volume | 538,712 -56842 | 374,956 -40001 | 884,188 -17570 |
| * All USD prices are excluding VAT basis Volume indicates number of contracts |
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| PX | PTA | MEG | |
|---|---|---|---|
| Close (CNY/ton) | 8,734 +36 | 6,120 +44 | 4,974 -40 |
| Close (USD/ton) | 1,162 +5 | 814 +7 | 662 -6 |
| Volume | 47,080 -7972 | 898,474 -23254 | 276,566 -36101 |
| * All USD prices are excluding VAT basis Volume indicates number of contracts |
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