The latest round of hikes reflects producers' ability to push through higher offers amid constrained spot availability, although the extent of further increases could increasingly test buyers' price tolerance.
Global crude oil futures surged over 2% on Friday to close at their highest levels since late April after a tanker was struck by limpet mines in the Strait of Hormuz and traders braced for post-midterm US strikes on Iran.
| PP | LLDPE | PVC | |
|---|---|---|---|
| Close (CNY/ton) | 10,433 +134 | 9,558 +206 | 5,290 +21 |
| Close (USD/ton) | 1,384 +20 | 1,268 +31 | 702 +3 |
| Volume | 638,237 -14058 | 449,567 -2632 | 1,057,017 -18706 |
| * All USD prices are excluding VAT basis Volume indicates number of contracts |
|||
| PX | PTA | MEG | |
|---|---|---|---|
| Close (CNY/ton) | 9,874 +6 | 6,686 +8 | 5,392 +157 |
| Close (USD/ton) | 1,310 +1 | 887 +1 | 715 +23 |
| Volume | 80,962 -13153 | 1,023,603 -21713 | 354,305 -411 |
| * All USD prices are excluding VAT basis Volume indicates number of contracts |
|||
| NYMEX | Sign In or Subscribe |
| Brent | Sign In or Subscribe |
| Naphtha CFR Japan | Sign In or Subscribe |
| Ethylene CFR NEA | Sign In or Subscribe |
| Ethylene CFR SEA | Sign In or Subscribe |
| Propylene FOB South Korea | Sign In or Subscribe |
| Propylene CFR China | Sign In or Subscribe |
| Styrene FOB South Korea | Sign In or Subscribe |
| Butadiene FOB South Korea | Sign In or Subscribe |
| Benzene FOB South Korea | Sign In or Subscribe |
| PX CFR Taiwan | Sign In or Subscribe |
| VCM CFR FEA | Sign In or Subscribe |
| VCM CFR SEA | Sign In or Subscribe |
| EDC CFR FEA | Sign In or Subscribe |
| EDC CFR SEA | Sign In or Subscribe |
| Propane FOB Saudi Arabia | Sign In or Subscribe |
| Butane FOB Saudi Arabia | Sign In or Subscribe |
