Brent secured marginal Friday gains as Iranian maritime transit mandates injected localized risk premium, though the benchmark cemented an 8% weekly collapse following an Israel-Hezbollah ceasefire that threatens to unleash 85 million stranded barrels into an oversupplied 2027 market.
| PP | LLDPE | PVC | |
|---|---|---|---|
| Close (CNY/ton) | 7,557 -215 | 7,160 -134 | 4,535 -82 |
| Close (USD/ton) | 986 -32 | 934 -20 | 592 -12 |
| Volume | 537,562 +12977 | 411,642 -3510 | 1,336,038 +79741 |
| * All USD prices are excluding VAT basis Volume indicates number of contracts |
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| PX | PTA | MEG | |
|---|---|---|---|
| Close (CNY/ton) | 8,034 -70 | 5,804 -44 | 4,246 +41 |
| Close (USD/ton) | 1,049 -10 | 758 -7 | 554 +6 |
| Volume | 188,576 -958 | 1,019,700 -24061 | 308,991 +16184 |
| * All USD prices are excluding VAT basis Volume indicates number of contracts |
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