Dalian Futures: PP, LLDPE, PVC and MEG Close Lower on August 27

China’s Dalian Commodity Exchange (DCE) saw PP, LLDPE, PVC and MEG futures settle lower on Thursday, August 27, with MEG recording the sharpest decline among the four contracts.

LLDPE: January LLDPE futures settled at CNY7,609/ton ($1,002/ton without VAT), down CNY37/ton ($6/ton). Trading volume stood at 444,826 tons.

PP: January PP futures closed at CNY7,860/ton ($1,035/ton without VAT), falling CNY24/ton ($4/ton). Trade volume reached 668,415 tons.

PVC: January PVC futures settled CNY24/ton ($4/ton) lower at CNY4,463/ton ($588/ton without VAT). Trading volume was 847,592 tons.

MEG: October MEG futures recorded the largest drop, declining CNY219/ton ($33/ton) to CNY5,077/ton ($669/ton without VAT). Trade volume totaled 1,333,883 tons.

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