The settlement figures mask a historic intraday short squeeze that briefly vaulted both benchmarks near $120 a barrel before fundamentally bearish policy rumors triggered a violent 5% post-settlement plunge.
The settlement figures mask a historic intraday short squeeze that briefly vaulted both benchmarks near $120 a barrel before fundamentally bearish policy rumors triggered a violent 5% post-settlement plunge.
| PP | LLDPE | PVC | |
|---|---|---|---|
| Close (CNY/ton) | 78,820 -187 | 7,767 -148 | 5,229 -190 |
| Close (USD/ton) | 1,004 -27 | 998 -21 | 672 -27 |
| Volume | 363,820 -116215 | 313,387 -97004 | 914,632 -157516 |
| * All USD prices are excluding VAT basis Volume indicates number of contracts |
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| PX | PTA | MEG | |
|---|---|---|---|
| Close (CNY/ton) | 8,902 -96 | 6,200 -98 | 4,305 -239 |
| Close (USD/ton) | 1,143 -14 | 796 -14 | 553 -34 |
| Volume | 220,640 -55991 | 1,153,092 -289582 | 306,532 -83631 |
| * All USD prices are excluding VAT basis Volume indicates number of contracts |
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