A full clearance for homo-PP yarn was achieved on Monday as firmer futures and stable baselines created a viable arbitrage window, while LLDPE clearances were moderated by expanded allocations and pre-holiday caution.
Crude futures secured massive double-digit weekly gains as a deeply entrenched physical maritime blockade overshadowed late-session paper selloffs triggered by renewed US-Iran peace talks in Islamabad.
| PP | LLDPE | PVC | |
|---|---|---|---|
| Close (CNY/ton) | 8,553 +177 | 8,250 +106 | 5,228 +37 |
| Close (USD/ton) | 1,108 +26 | 1,069 +16 | 677 +5 |
| Volume | 434,030 +23241 | 359,791 +7184 | 923,090 -4866 |
| * All USD prices are excluding VAT basis Volume indicates number of contracts |
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| PX | PTA | MEG | |
|---|---|---|---|
| Close (CNY/ton) | 9,368 +152 | 6,596 +106 | 4,941 +115 |
| Close (USD/ton) | 1,214 +22 | 855 +16 | 640 +17 |
| Volume | 113,971 +428 | 983,088 +49178 | 290,435 +16641 |
| * All USD prices are excluding VAT basis Volume indicates number of contracts |
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