China Plastics Price Index (September 23-29)

Before the holiday (September 23-29), the Guangdong Plastics Exchange had a steady disk performance, and merchants’ quotations increased, but transaction follow-up was limited

In the short term, the shortage of power supply will continue to exist, the supply of polyvinyl chloride (PVC) is tight, and the market is still dominated by favorable policies

The sharp rise of PVC and the strong upward trend of futures, coupled with the sharp rise in the price of the main raw material calcium carbide and tight market supply, have driven the spot market to rise

Polypropylene (PP) continued its strong futures market to rise further, petrochemical companies' ex-factory prices generally increased, traders' offers mostly followed up, and downstream factories were generally enthusiastic about purchasing before the holiday

The linear low-density polyethylene (LLDPE) market tends to rise.

(China Plastic Price Index Research Center)