Dalian Futures End Lower as PP, PE, PVC and MEG Extend Losses

Trading on the Dalian Commodity Exchange (DCE) closed weaker on August 5, with all major polymer and feedstock futures ending the session in negative territory. PP and MEG recorded the sharpest declines, while LLDPE and PVC also finished lower amid active trading.

September LLDPE futures settled at CNY 7,631/ton (approximately $1,001/ton, excluding VAT), falling by CNY 131/ton ($19/ton) from the previous session. The contract registered a trading volume of 545,606 tons.

September PP futures posted a steeper decline, closing at CNY 8,139/ton (around $1,067/ton, excluding VAT), down CNY 202/ton ($30/ton). Trading activity remained strong, with a total volume of 871,570 tons.

September PVC futures also edged lower, settling at CNY 4,458/ton (approximately $585/ton, excluding VAT). The contract declined by CNY 22/ton ($3/ton) and recorded a trading volume of 788,657 tons.

Meanwhile, September MEG futures saw the largest loss of the session, closing at CNY 4,671/ton (around $613/ton, excluding VAT), down CNY 256/ton ($38/ton). Trading volume reached 911,202 tons, the highest among the four contracts.

Overall, the August 5 session reflected broad weakness across the Dalian futures market, with declines in PP, LLDPE, PVC, and MEG indicating softer market sentiment.

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