China's PP market moved through a phase of domestic rebalancing in July, as production capacity that returned from maintenance in June met firmer local consumption, even as export volumes continued their steep retreat from April's peak.
Vietnam’s PE market closed the week on a sharply firmer note across domestic prompt channels, as compounding structural outages and regional transshipment snarls widened the pricing wedge between immediately available parcels and long-lead import arrivals.
| PP | LLDPE | PVC | |
|---|---|---|---|
| Close (CNY/ton) | 8,121 +129 | 7,864 +59 | 4,679 -40 |
| Close (USD/ton) | 1,066 +19 | 1,033 +9 | 614 -6 |
| Volume | 520,570 +30783 | 381,901 +18906 | 921,467 +66559 |
| * All USD prices are excluding VAT basis Volume indicates number of contracts |
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| PX | PTA | MEG | |
|---|---|---|---|
| Close (CNY/ton) | 8,252 +46 | 5,732 +18 | 4,709 +93 |
| Close (USD/ton) | 1,083 +7 | 753 +3 | 618 +14 |
| Volume | 162,235 +4572 | 856,670 +28749 | 200,542 +402 |
| * All USD prices are excluding VAT basis Volume indicates number of contracts |
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