Dalian Futures Weaken Across PP, LLDPE and PVC; MEG Moves Higher

Dalian Commodity Exchange futures showed a mixed trend on Tuesday, September 15, with January LLDPE, PP and PVC contracts ending lower, while October MEG futures posted a gain.

January LLDPE Futures Decline

January LLDPE futures settled at CNY8,568/ton ($1,129/ton without VAT), down CNY66/ton ($10/ton) from the previous session. Trading volume stood at 653,228 tons.

January PP Futures Also Fall

January PP futures closed CNY45/ton ($7/ton) lower at CNY8,903/ton ($1,173/ton without VAT). The contract recorded a trade volume of 763,613 tons.

PVC Futures Extend Losses

January PVC futures settled at CNY4,938/ton ($651/ton without VAT), declining CNY65/ton ($10/ton). Trading volume reached 2,100,986 tons.

MEG Futures Move Higher

In contrast, October MEG futures gained CNY91/ton ($14/ton) to settle at CNY5,958/ton ($786/ton without VAT). Trade volume was 2,156,429 tons.

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