Global crude oil futures settled approximately 1% higher on Wednesday, consolidating near multi-week highs in a volatile session as escalating naval hostilities in the Persian Gulf and a sharp drawdown in US commercial stockpiles outweighed the dampening effect of alternative regional supply flows.
| PP | LLDPE | PVC | |
|---|---|---|---|
| Close (CNY/ton) | 8,536 +157 | 8,279 +159 | 4,906 +41 |
| Close (USD/ton) | 1,124 +23 | 1,090 +24 | 646 +6 |
| Volume | 593,761 -4394 | 430,430 +3199 | 1,048,713 -30592 |
| * All USD prices are excluding VAT basis Volume indicates number of contracts |
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| PX | PTA | MEG | |
|---|---|---|---|
| Close (CNY/ton) | 8,786 +202 | 6,010 +106 | 5,025 +110 |
| Close (USD/ton) | 1,157 +30 | 791 +16 | 662 +16 |
| Volume | 164,149 -4893 | 1,002,816 +903223 | 204,738 +2694 |
| * All USD prices are excluding VAT basis Volume indicates number of contracts |
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