PetroChina Dushanzi Petrochemical has successfully completed trial production at its PP plant and No. 1 full-density polyethylene (FDPE) unit under the Phase II expansion of its Tarim ethylene project
Chinese PET bottle resin prices sustained an upward trajectory this week, with export quotes solidifying firmly above the $1,000/ton threshold on the back of an escalating crude-led upstream rally
| PP | LLDPE | PVC | |
|---|---|---|---|
| Close (CNY/ton) | 8,470 +79 | 7,990 +101 | 4,656 +65 |
| Close (USD/ton) | 1,107 +12 | 1,044 +15 | 608 +10 |
| Volume | 475,195 -3416 | 357,663 -11243 | 984,438 -17985 |
| * All USD prices are excluding VAT basis Volume indicates number of contracts |
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| PX | PTA | MEG | |
|---|---|---|---|
| Close (CNY/ton) | 8,350 -38 | 5,860 -62 | 4,956 +170 |
| Close (USD/ton) | 1,091 -6 | 766 -9 | 648 +25 |
| Volume | 128,889 -10688 | 967,850 +9381 | 357,695 +16957 |
| * All USD prices are excluding VAT basis Volume indicates number of contracts |
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