Dalian futures end lower across PP, LLDPE, PVC and MEG on July 28

The Dalian Commodity Exchange closed lower across all major polymer and petrochemical futures on Tuesday, July 28, with PP, LLDPE, PVC, and MEG contracts posting declines. Despite the weaker settlement, trading activity remained active across all four contracts.

September LLDPE futures declined by CNY81/ton ($12/ton) to settle at CNY7,682/ton ($1,004/ton without VAT). Trading volume reached 549,597 tons.

September PP futures fell CNY94/ton ($14/ton), ending the session at CNY8,113/ton ($1,061/ton without VAT), with total trading volume of 659,919 tons.

September PVC futures dropped CNY31/ton ($5/ton) to close at CNY4,529/ton ($592/ton without VAT). The contract recorded a trading volume of 799,712 tons.

September MEG futures settled CNY43/ton ($6/ton) lower at CNY4,811/ton ($629/ton without VAT), while total traded volume stood at 703,788 tons.

Stay ahead of market trends with the Credco app. For any queries, please reach out via WhatsApp at +91 8448083211.