On the local front, spot PVC offers hovered near historic lows, reflecting weak downstream buying interest. Sellers found it difficult to lift offers meaningfully, even as crude oil, naphtha, and coking coal prices all posted strong gains.
Trading sentiment was cautious on Monday, mirroring the diverged performance on the Dalian Commodity Exchange. LLDPE futures held steady within a narrow range, supporting firm demand for film grade and resulting in full sales.