Dalian September Futures Extend Gains Across PP, PE, PVC and MEG

Dalian Commodity Exchange futures closed higher across all four key contracts on Tuesday, August 18, with MEG recording the strongest daily increase. September LLDPE futures gained CNY92/ton ($14/ton) to settle at CNY8,136/ton, equivalent to $1,068/ton excluding VAT. Trading volume reached 328,238 tons.

September PP futures also moved higher, rising CNY58/ton ($9/ton) to close at CNY8,629/ton, or $1,132/ton without VAT. Total trading volume stood at 488,681 tons.

September PVC futures increased by CNY34/ton ($5/ton), settling at CNY4,594/ton, equivalent to $603/ton excluding VAT. The contract recorded a trading volume of 494,786 tons.

Meanwhile, September MEG futures posted the largest gain among the four products, climbing CNY178/ton ($26/ton) to settle at CNY5,242/ton, or $689/ton without VAT. Trading activity totaled 724,977 tons.

Overall, all four September contracts ended the August 18 session in positive territory, with MEG leading the day's gains.

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