China’s Dalian futures close mixed as PP and LLDPE rise while PVC and MEG decline

Futures contracts on the Dalian Commodity Exchange ended with mixed results on March 13, as PP and LLDPE posted gains, while PVC and MEG futures recorded declines.

May LLDPE futures settled CNY11/ton ($2/ton) higher at CNY8430/ton ($1081/ton without VAT). Total trading volume reached 1,098,844 tons.

May PP futures also moved upward, closing CNY113/ton ($16/ton) higher at CNY8581/ton ($1101/ton without VAT). Trading activity totaled 1,291,066 tons.

Meanwhile, May PVC futures declined slightly, settling CNY24/ton ($3/ton) lower at CNY5729/ton ($735/ton without VAT) with a trading volume of 2,574,032 tons.

May MEG futures also ended the session lower, falling CNY53/ton ($8/ton) to settle at CNY4740/ton ($608/ton without VAT). The contract recorded a trading volume of 899,619 tons.

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