Dalian futures rally across PP, LLDPE, PVC and MEG on April 28

Futures on the Dalian Commodity Exchange moved higher across all major contracts on April 28, reflecting a strong bullish trend in the market.

September LLDPE futures recorded a sharp increase of CNY100 per ton, closing at CNY8283 per ton (around $1073 per ton excluding VAT). Trading volumes stood at 458,173 tons.

PP futures for September delivery saw even stronger gains, rising by CNY147 per ton to settle at CNY8630 per ton (approximately $1117 per ton without VAT), with total traded volume reaching 492,040 tons.

PVC futures also advanced, climbing CNY45 per ton to end at CNY5251 per ton (about $680 per ton excluding VAT). This segment saw the highest activity, with volumes hitting 1,358,790 tons.

MEG futures followed the upward trend, gaining CNY81 per ton to close at CNY4962 per ton (around $643 per ton without VAT), with trade volume recorded at 396,988 tons.

Overall, the session highlighted broad-based strength across polymer and feedstock futures, supported by active participation and positive market sentiment.

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