Global east–west container benchmarks climbed across all four primary corridors in the week to 28 October 2026, as Far East berth congestion and November rate pushes outweighed cooling post-peak demand.
Global crude oil futures rebounded on Wednesday as fresh Houthi strikes in Yemen, stalled Qatari peace mediation in Tehran, and an unexpected US crude inventory draw outweighed fresh Chinese fuel export quotas.
India's Directorate General of Trade Remedies (DGTR), under the Ministry of Commerce and Industry, has recommended imposing countervailing duties (CVD) on imports of PVC Suspension Resin originating in or exported from China.
| PP | LLDPE | PVC | |
|---|---|---|---|
| Close (CNY/ton) | 10,332 +278 | 9,353 +202 | 5,267 +168 |
| Close (USD/ton) | 1,371 +42 | 1,241 +30 | 699 +25 |
| Volume | 658,480 -2458 | 453,218 +6494 | 1,053,354 +36201 |
| * All USD prices are excluding VAT basis Volume indicates number of contracts |
|||
| PX | PTA | MEG | |
|---|---|---|---|
| Close (CNY/ton) | 9,828 +144 | 6,674 +70 | 5,258 +280 |
| Close (USD/ton) | 1,304 +22 | 885 +10 | 698 +42 |
| Volume | 98,625 +1593 | 1,027,322 +2703 | 368,608 +54024 |
| * All USD prices are excluding VAT basis Volume indicates number of contracts |
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