A plunging crude oil complex severely fractured physical polyolefin engagement on Friday, forcing downstream converters into a defensive weekend posture and breaking the week's sustained momentum for mainstream PP allocations.
| PP | LLDPE | PVC | |
|---|---|---|---|
| Close (CNY/ton) | 8,596 -128 | 7,902 -45 | 4,741 +44 |
| Close (USD/ton) | 1,125 -19 | 1,034 -7 | 621 +6 |
| Volume | 589,081 -8093 | 371,679 -5103 | 1,197,272 +794 |
| * All USD prices are excluding VAT basis Volume indicates number of contracts |
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| PX | PTA | MEG | |
|---|---|---|---|
| Close (CNY/ton) | 8,770 -72 | 8,353 -8 | 4,679 +62 |
| Close (USD/ton) | 1,148 -11 | 832 -1 | 613 +9 |
| Volume | 187,392 +2174 | 1,182,277 +27566 | 339,909 +20651 |
| * All USD prices are excluding VAT basis Volume indicates number of contracts |
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