Daily Market Wrap – China – 21 November 2024

Compared to its PP counterpart, the local PE market remained resilient, with spot offers rising by CNY 50–100/ton day-on-day, thanks to the bullish sentiment surrounding the LLDPE segment. Data from CommoPlast showed that spot LLDPE film offers, based on EXW China terms, have now reached their highest level in more than a month.