Dalian commodity futures show mild weakness as most September contracts close lower on May 27

The Dalian Commodity Exchange ended May 27 on a slightly weaker note, with most major September polymer and feedstock contracts posting modest declines, while PVC remained largely stable.

September LLDPE futures slipped by CNY11/ton to settle at CNY7792/ton, equivalent to nearly $1016/ton excluding VAT. Trading activity remained active, with total volume reaching 458,059 tons.

September PP futures also edged lower by CNY11/ton, closing at CNY8503/ton, or approximately $1109/ton without VAT. The contract recorded strong market participation with a total trade volume of 683,729 tons.

PVC futures for September delivery remained almost unchanged, settling at CNY4871/ton, equivalent to around $636/ton excluding VAT. Trading volume stood at 732,995 tons during the session.

Among the key contracts, September MEG futures recorded the largest decline, dropping CNY35/ton to close at CNY4438/ton, or roughly $579/ton without VAT. Total traded volume for MEG was reported at 293,698 tons.

Overall, the market reflected a cautious trading sentiment, with limited price movements across most contracts.

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