Dalian Futures Market: PP, LLDPE, PVC and MEG Close Higher on May 13

China’s Dalian Commodity Exchange recorded a positive trading session on May 13, with PP, LLDPE, PVC, and MEG futures all ending slightly higher compared to the previous session.

September LLDPE futures increased by CNY16/ton to settle at CNY8213/ton, equivalent to nearly $1070/ton excluding VAT. Trading volume for the contract reached around 336,693 tons during Wednesday’s session.

September PP futures also moved upward, gaining CNY46/ton to close at CNY8781/ton, or approximately $1144/ton without VAT. Total traded volume stood above 458,000 tons.

PVC futures for September delivery posted a modest rise of CNY8/ton, settling at CNY5124/ton, equivalent to about $668/ton excluding VAT. PVC remained one of the most actively traded contracts on the exchange, with volumes crossing 1 million tons.

Meanwhile, September MEG futures climbed by CNY19/ton to settle at CNY4837/ton, or nearly $630/ton without VAT. Trading activity for MEG reached approximately 295,739 tons.

The overall futures market reflected stable-to-firm sentiment across China’s petrochemical sector as traders continued monitoring downstream demand and broader commodity market trends.

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