While PP and LLDPE futures initially opened weaker, testing the market's resolve, a sustained mid-morning rally quickly dismantled any lingering buyer hesitation and reinstated aggressive procurement strategies ahead of the weekend.
Global east-west container rates remained largely insulated this week as the ongoing post-Lunar New Year demand lull temporarily masked the severe logistical shockwaves emanating from the Middle East.
| PP | LLDPE | PVC | |
|---|---|---|---|
| Close (CNY/ton) | 7,797 +313 | 7,691 +287 | 5,276 +257 |
| Close (USD/ton) | 968 +45 | 950 +41 | 644 +37 |
| Volume | 493,414 +17221 | 409,024 +18481 | 1,143,319 +64859 |
| * All USD prices are excluding VAT basis Volume indicates number of contracts |
|||
| PX | PTA | MEG | |
|---|---|---|---|
| Close (CNY/ton) | 8,670 +340 | 6,070 +234 | 4,377 +210 |
| Close (USD/ton) | 1,072 +49 | 748 +34 | 537 +30 |
| Volume | 276,205 +19037 | 1,433,088 +47582 | 421,135 +34945 |
| * All USD prices are excluding VAT basis Volume indicates number of contracts |
|||
| NYMEX | Sign In or Subscribe |
| Brent | Sign In or Subscribe |
| Naphtha CFR Japan | Sign In or Subscribe |
| Ethylene CFR NEA | Sign In or Subscribe |
| Ethylene CFR SEA | Sign In or Subscribe |
| Propylene FOB South Korea | Sign In or Subscribe |
| Propylene CFR China | Sign In or Subscribe |
| Styrene FOB South Korea | Sign In or Subscribe |
| Butadiene FOB South Korea | Sign In or Subscribe |
| Benzene FOB South Korea | Sign In or Subscribe |
| PX CFR Taiwan | Sign In or Subscribe |
| VCM CFR FEA | Sign In or Subscribe |
| VCM CFR SEA | Sign In or Subscribe |
| EDC CFR FEA | Sign In or Subscribe |
| EDC CFR SEA | Sign In or Subscribe |
| Propane FOB Saudi Arabia | Sign In or Subscribe |
| Butane FOB Saudi Arabia | Sign In or Subscribe |
