China's PVC market navigated a difficult May, caught between deepening production cutbacks that failed to stabilise prices and a domestic demand environment still weighed down by a sluggish property sector.
| PP | LLDPE | PVC | |
|---|---|---|---|
| Close (CNY/ton) | 7,116 -240 | 6,868 -156 | 4,469 -18 |
| Close (USD/ton) | 926 -36 | 894 -23 | 582 -3 |
| Volume | 548,799 +12868 | 421,105 -10687 | 1,325,614 -2839 |
| * All USD prices are excluding VAT basis Volume indicates number of contracts |
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| PX | PTA | MEG | |
|---|---|---|---|
| Close (CNY/ton) | 7,558 -362 | 5,448 -294 | 4,008 -202 |
| Close (USD/ton) | 1,984 -54 | 709 -43 | 522 -30 |
| Volume | 182,613 -7224 | 965,011 -42961 | 290,517 -25448 |
| * All USD prices are excluding VAT basis Volume indicates number of contracts |
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