Crude futures spiked to two-week highs as a rapid 2.5-million-bpd drain on strategic reserves and crashing Chinese refinery runs exposed the severe macroeconomic contagion of the prolonged Middle Eastern blockade.
| PP | LLDPE | PVC | |
|---|---|---|---|
| Close (CNY/ton) | 8,944 +56 | 8,051 -77 | 5,050 -21 |
| Close (USD/ton) | 1,164 +8 | 1,048 -11 | 657 -3 |
| Volume | 592,010 +8357 | 391,896 +3979 | 1,027,714 +7339 |
| * All USD prices are excluding VAT basis Volume indicates number of contracts |
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| PX | PTA | MEG | |
|---|---|---|---|
| Close (CNY/ton) | 9,132 -80 | 6,410 -52 | 4,762 -37 |
| Close (USD/ton) | 1,188 -12 | 834 -8 | 620 -5 |
| Volume | 110,330 -1303 | 1,069,648 -21751 | 305,391 -3840 |
| * All USD prices are excluding VAT basis Volume indicates number of contracts |
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