The Shenhua auction floor experienced a stark cooling of momentum on Friday as the hyper-bullish frenzy of the previous session gave way to intense pre-weekend caution.
The Shenhua auction floor experienced a powerful resurgence in liquidity on Thursday, directly catalysed by an explosive limit-up performance on the Dalian Commodity Exchange (DCE).
| PP | LLDPE | PVC | |
|---|---|---|---|
| Close (CNY/ton) | 8,603 +113 | 8,416 +11 | 5,724 -24 |
| Close (USD/ton) | 1,105 +16 | 1,081 +2 | 735 -3 |
| Volume | 420,700 +9927 | 342,523 +15415 | 864,228 -17519 |
| * All USD prices are excluding VAT basis Volume indicates number of contracts |
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| PX | PTA | MEG | |
|---|---|---|---|
| Close (CNY/ton) | 10,018 -148 | 6,934 -120 | 4,729 -53 |
| Close (USD/ton) | 1,287 -21 | 891 -17 | 607 -8 |
| Volume | 237,673 -35174 | 1,180,860 -27415 | 328,249 -2765 |
| * All USD prices are excluding VAT basis Volume indicates number of contracts |
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