The settlement figures mask a historic intraday short squeeze that briefly vaulted both benchmarks near $120 a barrel before fundamentally bearish policy rumors triggered a violent 5% post-settlement plunge.
The settlement figures mask a historic intraday short squeeze that briefly vaulted both benchmarks near $120 a barrel before fundamentally bearish policy rumors triggered a violent 5% post-settlement plunge.
| PP | LLDPE | PVC | |
|---|---|---|---|
| Close (CNY/ton) | 8,034 +454 | 7,944 +449 | 5,466 +309 |
| Close (USD/ton) | 1,026 +65 | 1,014 +65 | 698 +45 |
| Volume | 480,035 -13379 | 410,391 +1367 | 1,072,148 -71171 |
| * All USD prices are excluding VAT basis Volume indicates number of contracts |
|||
| PX | PTA | MEG | |
|---|---|---|---|
| Close (CNY/ton) | 9,028 +592 | 6,316 +414 | 4,597 +340 |
| Close (USD/ton) | 1,153 +85 | 807 +60 | 587 +49 |
| Volume | 276,631 +426 | 1,442,674 +9586 | 390,163 -30972 |
| * All USD prices are excluding VAT basis Volume indicates number of contracts |
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