Dalian PP, LLDPE, PVC and MEG Futures Rise Sharply on August 31

Polymer and chemical futures on the Dalian Commodity Exchange (DCE) ended higher on Monday, August 31, with PP and LLDPE recording gains of more than CNY270/ton, while PVC and MEG also posted strong increases.

LLDPE: January LLDPE futures settled at CNY7,931/ton ($1,044/ton without VAT), gaining CNY272/ton ($40/ton). Trading volume reached 664,824 tons.

PP: January PP futures closed CNY276/ton ($41/ton) higher at CNY8,210/ton ($1,081/ton without VAT). Trade volume stood at 923,568 tons.

PVC: January PVC futures settled at CNY4,696/ton ($618/ton without VAT), up CNY176/ton ($26/ton). Trading volume was 1,718,450 tons.

MEG: October MEG futures increased CNY164/ton ($24/ton) to settle at CNY5,194/ton ($684/ton without VAT). Trade volume totaled 1,072,606 tons.

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