Dalian Futures Show Mixed Trend as PP and LLDPE Advance

Trading on the Dalian Commodity Exchange (DCE) delivered mixed results on August 4, with PP and LLDPE futures posting gains, PVC remaining largely stable, and MEG extending its decline.

September LLDPE futures settled at CNY 7,762/ton (approximately $1,017/ton, excluding VAT), rising by CNY 41/ton ($6/ton) from the previous session. Total trading volume reached 487,393 tons, reflecting active market participation.

September PP futures also closed higher, ending the session at CNY 8,341/ton (around $1,093/ton, excluding VAT). The contract gained CNY 83/ton ($12/ton), while trading volume stood at 683,383 tons.

In contrast, September PVC futures remained almost unchanged, closing at CNY 4,480/ton (approximately $587/ton, excluding VAT). Despite the stable pricing, the contract recorded a healthy trading volume of 692,495 tons.

Meanwhile, September MEG futures moved lower, settling at CNY 4,927/ton (around $646/ton, excluding VAT), down CNY 31/ton ($5/ton) from the previous close. Trading activity for the contract totaled 647,358 tons.

Overall, the latest DCE session reflected stronger sentiment in PP and LLDPE, while PVC held steady and MEG continued to face downward pressure.

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