Global crude oil futures settled lower on Wednesday following a volatile session, extending the week’s retreat as market participants continued to trim geopolitical risk premiums amid advancing diplomatic negotiations over navigational arrangements in the Strait of Hormuz.
| PP | LLDPE | PVC | |
|---|---|---|---|
| Close (CNY/ton) | 7,769 -410 | 7,561 -314 | 4,466 -110 |
| Close (USD/ton) | 1,023 -61 | 996 -47 | 588 -16 |
| Volume | 538,637 -2407 | 393,813 -3884 | 1,224,730 +52684 |
| * All USD prices are excluding VAT basis Volume indicates number of contracts |
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| PX | PTA | MEG | |
|---|---|---|---|
| Close (CNY/ton) | 7,868 -504 | 5,492 -290 | 4,561 -291 |
| Close (USD/ton) | 1,036 -75 | 723 -43 | 601 -43 |
| Volume | 153,238 -15617 | 865,893 -31619 | 215,280 +18091 |
| * All USD prices are excluding VAT basis Volume indicates number of contracts |
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