China Dalian Futures Close Higher Across PP, PE, PVC and MEG
LLDPE Futures Rise Sharply
May LLDPE futures settled higher by CNY 217/ton at CNY 9018/ton, equivalent to $1155/ton (excluding VAT).
Trading activity remained strong, with total volume reaching 890,738 tons.
PP Futures Lead Gains
May PP futures recorded the biggest increase among the complex, rising by CNY 265/ton to settle at CNY 9494/ton, or $1216/ton (excluding VAT).
Trade volume stood at 1,032,463 tons, indicating active market participation.
PVC Futures Post Moderate Increase
May PVC futures moved up by CNY 44/ton to CNY 5658/ton, equivalent to $725/ton (excluding VAT).
PVC saw the highest trading volume of the day at 1,889,192 tons.
MEG Futures Also Move Higher
May MEG futures increased by CNY 222/ton to settle at CNY 5413/ton, or $693/ton (excluding VAT).
Total traded volume for MEG reached 773,216 tons.
Market Overview
The overall upward movement across the Dalian futures market reflects firm sentiment in China’s polymer and petrochemical sector, supported by supply concerns and active trading interest.
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