Dalian Futures Market: PP, LLDPE, PVC and MEG Close Lower on May 14

China’s Dalian Commodity Exchange recorded a weaker trading session on May 14, with PP, LLDPE, PVC, and MEG futures all settling lower compared to the previous day.

September LLDPE futures posted the sharpest decline among major polymer contracts, falling by CNY165/ton to settle at CNY8142/ton, equivalent to nearly $1062/ton excluding VAT. Trading volume reached around 411,391 tons during Thursday’s session.

September PP futures also moved lower, decreasing by CNY95/ton to close at CNY8780/ton, or approximately $1145/ton without VAT. Total traded volume exceeded 574,000 tons.

PVC futures for September delivery slipped by CNY68/ton, settling at CNY5146/ton, equivalent to about $671/ton excluding VAT. PVC remained highly active on the exchange, with trading volumes crossing 1.66 million tons.

Meanwhile, September MEG futures recorded a significant decline of CNY146/ton, ending the session at CNY4747/ton, or nearly $619/ton without VAT. Trading activity for MEG stood above 336,000 tons.

The overall futures market reflected softer sentiment across China’s petrochemical sector as traders continued monitoring demand conditions, feedstock movement, and broader commodity market trends.

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