Extended morning losses across Dalian Commodity Exchange (DCE) PP and LLDPE futures weighed heavily on physical sentiment during Shenhua Baotou Coal Chemical Co.'s Tuesday auction, keeping clearance rates restricted against a softened upstream crude oil backdrop.
Indonesia’s polyolefin value chain has entered a policy standoff as upstream producers and downstream converters petition competing ministries over import duties and trade barriers.
| PP | LLDPE | PVC | |
|---|---|---|---|
| Close (CNY/ton) | 8,912 -549 | 8,276 -395 | 4,840 -112 |
| Close (USD/ton) | 1,182 -82 | 1,098 -59 | 642 -17 |
| Volume | 559,592 -154 | 388,307 +8105 | 881,701 -7890 |
| * All USD prices are excluding VAT basis Volume indicates number of contracts |
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| PX | PTA | MEG | |
|---|---|---|---|
| Close (CNY/ton) | 8,264 -300 | 5,914 -196 | 4,782 -151 |
| Close (USD/ton) | 1,096 -45 | 785 -29 | 634 -23 |
| Volume | 104,738 +70454 | 888,965 -19126 | 298,551 +16114 |
| * All USD prices are excluding VAT basis Volume indicates number of contracts |
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