China’s apparent PE consumption rose to an estimated 3.06 million tons in July 2026, climbing 13.7% month-on-month to break above the 3.0-million-ton mark for the first time since the first quarter.
PetroChina Dushanzi Petrochemical has achieved commercial production at its No. 1 full-density polyethylene (FDPE) unit under the Phase II Tarim ethylene expansion in Xinjiang, with initial export cargoes emerging across Southeast Asian trade routes.
| PP | LLDPE | PVC | |
|---|---|---|---|
| Close (CNY/ton) | 8,139 +78 | 7,810 -29 | 4,644 -36 |
| Close (USD/ton) | 1,069 +12 | 1,025 -4 | 610 -5 |
| Volume | 533,071 +12501 | 391,543 +9642 | 992,104 +70637 |
| * All USD prices are excluding VAT basis Volume indicates number of contracts |
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| PX | PTA | MEG | |
|---|---|---|---|
| Close (CNY/ton) | 8,162 -114 | 5,674 -68 | 4,847 +184 |
| Close (USD/ton) | 1,072 -17 | 745 -10 | 636 +27 |
| Volume | 157,421 -4814 | 847,531 -9139 | 204,146 +3604 |
| * All USD prices are excluding VAT basis Volume indicates number of contracts |
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