Following Wednesday’s clean sweep, Shenhua Baotou Coal Chemical Co. lifted reserve thresholds across all prime grades, triggering severe downstream resistance that halved overall platform conversion to 50.8%.
| PP | LLDPE | PVC | |
|---|---|---|---|
| Close (CNY/ton) | 8,989 +86 | 6,587 +19 | 4,887 -51 |
| Close (USD/ton) | 1,184 +13 | 1,131 +3 | 644 -8 |
| Volume | 664,704 +16650 | 443,606 +9132 | 1,145,504 -5430 |
| * All USD prices are excluding VAT basis Volume indicates number of contracts |
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| PX | PTA | MEG | |
|---|---|---|---|
| Close (CNY/ton) | 9,650 +160 | 6,556 +120 | 5,146 +74 |
| Close (USD/ton) | 1,271 +24 | 863 +18 | 678 +11 |
| Volume | 177,136 +12023 | 1,173,119 +3804 | 198,258 -6010 |
| * All USD prices are excluding VAT basis Volume indicates number of contracts |
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