Dalian Futures Update: PP and LLDPE Advance, PVC Declines on October 27

Trading on China’s Dalian Commodity Exchange (DCE) ended mixed on Tuesday, October 27, 2026. January polypropylene (PP) and linear low-density polyethylene (LLDPE) futures moved higher, PVC futures declined, while monoethylene glycol (MEG) remained virtually unchanged.

January LLDPE futures gained CNY68/ton ($10/ton), settling at CNY9,151/ton, equivalent to $1,214/ton excluding VAT. Trading volume reached 708,052 tons.

January PP futures rose by CNY157/ton ($24/ton) to close at CNY10,054/ton, or $1,334/ton excluding VAT. The contract recorded a trading volume of 1,275,912 tons.

In contrast, January PVC futures fell by CNY90/ton ($13/ton), finishing at CNY5,099/ton, equivalent to $677/ton excluding VAT. Total trading volume stood at 1,472,876 tons.

January MEG futures were largely stable, settling at CNY4,978/ton, or $661/ton excluding VAT. Trading volume for the contract was 925,113 tons.

Dalian Futures Closing Prices — October 27, 2026

LLDPE (January)
- Closing price: CNY9,151/ton ($1,214/ton, excluding VAT)
- Daily change: +CNY68/ton (+$10/ton)
- Trading volume: 708,052 tons

PP (January)
- Closing price: CNY10,054/ton ($1,334/ton, excluding VAT)
- Daily change: +CNY157/ton (+$24/ton)
- Trading volume: 1,275,912 tons

PVC (January)
- Closing price: CNY5,099/ton ($677/ton, excluding VAT)
- Daily change: −CNY90/ton (−$13/ton)
- Trading volume: 1,472,876 tons

MEG (January)
- Closing price: CNY4,978/ton ($661/ton, excluding VAT)
- Daily change: Virtually unchanged
- Trading volume: 925,113 tons

PP recorded the strongest gain among the four contracts, while PVC was the only one to post a decline. LLDPE also closed higher, whereas MEG futures showed little movement during the session.

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