Chinese PET bottle resin export offers widened considerably this week as primary producers attempted aggressive early price lifts before trimming indications as crude oil benchmarks faltered mid-week.
A Saudi Arabian producer has finalised its monthly September 2026 PE offers to Vietnam at substantial premiums over neighbouring Asian markets, capitalising on an acute domestic supply vacuum and regional transshipment bottlenecks to extract maximum value on short-lead parcels.
| PP | LLDPE | PVC | |
|---|---|---|---|
| Close (CNY/ton) | 7,851 -24 | 7,595 -37 | 4,473 -24 |
| Close (USD/ton) | 1,034 -4 | 1,000 -5 | 589 -4 |
| Volume | 546,551 +7914 | 396,978 +3165 | 1,295,302 +70572 |
| * All USD prices are excluding VAT basis Volume indicates number of contracts |
|||
| PX | PTA | MEG | |
|---|---|---|---|
| Close (CNY/ton) | 7,948 -56 | 5,522 -44 | 4,539 -87 |
| Close (USD/ton) | 1,047 -8 | 727 -7 | 598 -13 |
| Volume | 148,094 -5144 | 8,659,919 +7794026 | 199,901 -15379 |
| * All USD prices are excluding VAT basis Volume indicates number of contracts |
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