Limit-down 6.0% drops in Dalian Commodity Exchange (DCE) PP and LLDPE futures—triggered by Wednesday's over 8% drop crude oil rout on US–Iran de-escalation bets—brought physical bidding at Shenhua Baotou Coal Chemical Co.’s Thursday session to a near-standstill, compressing prime-grade clearance.
| PP | LLDPE | PVC | |
|---|---|---|---|
| Close (CNY/ton) | 9,544 -609 | 8,838 -564 | 4,962 -131 |
| Close (USD/ton) | 1,270 -91 | 1,176 -84 | 660 -20 |
| Volume | 595,554 -7053 | 414,957 -26214 | 901,758 -30264 |
| * All USD prices are excluding VAT basis Volume indicates number of contracts |
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| PX | PTA | MEG | |
|---|---|---|---|
| Close (CNY/ton) | 8,558 -566 | 5,986 -376 | 4,894 -312 |
| Close (USD/ton) | 1,139 -85 | 797 -56 | 651 -47 |
| Volume | 55,052 -4237 | 921,728 -55780 | 312,667 -35292 |
| * All USD prices are excluding VAT basis Volume indicates number of contracts |
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