An accelerated unwinding of geopolitical risk premiums in the global crude complex transmitted aggressive downward velocity through Dalian paper markets on Wednesday, thoroughly dismantling physical polyolefin sentiment and triggering a renewed transactional boycott at Shenhua's morning auction.
| PP | LLDPE | PVC | |
|---|---|---|---|
| Close (CNY/ton) | 7,278 -211 | 6,969 -167 | 4,490 +4 |
| Close (USD/ton) | 947 -31 | 904 -25 | 584 +1 |
| Volume | 535,931 +5138 | 431,792 +12759 | 1,328,453 -61070 |
| * All USD prices are excluding VAT basis Volume indicates number of contracts |
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| PX | PTA | MEG | |
|---|---|---|---|
| Close (CNY/ton) | 7,846 -166 | 5,672 -130 | 4,146 -117 |
| Close (USD/ton) | 1,021 -25 | 738 -19 | 539 -17 |
| Volume | 189,837 -1321 | 1,007,972 -19965 | 315,965 +5676 |
| * All USD prices are excluding VAT basis Volume indicates number of contracts |
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