Dalian Futures End Higher for PP, LLDPE and PVC, While MEG Stays Flat

Dalian Commodity Exchange futures showed a largely positive trend on Wednesday, August 19, with January contracts for LLDPE, PP and PVC closing higher, while September MEG remained almost unchanged.

January LLDPE futures gained CNY89/ton ($13/ton) to settle at CNY7,833/ton, equivalent to $1,029/ton without VAT. Trading volume reached 301,518 tons.

January PP futures rose by CNY93/ton ($14/ton) and closed at CNY7,998/ton, or $1,050/ton without VAT. The contract recorded a trading volume of 358,374 tons.

January PVC futures also moved up, adding CNY8/ton ($1/ton) to settle at CNY4,749/ton, equivalent to $624/ton without VAT. Trading activity totaled 795,940 tons.

Meanwhile, September MEG futures were largely unchanged, closing at CNY5,243/ton, or $689/ton without VAT. Trade volume stood at 490,404 tons.

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