Dalian Futures: LLDPE Nudges Up as PVC and PP Yield Slight Losses on July 30

The Dalian Commodity Exchange futures contracts for July 30, 2025 showed mixed performance across key polymers, with LLDPE turning positive, PP flat to slightly lower, and PVC edging down, while MEG held steady against unchanged currency conditions (USD 1 = CNY 7.18).

LLDPE (Contract l2509) opened at RMB 7,399 (USD 856), traded between RMB 7,432–7,369, and closed at RMB 7,387 (USD 855), a modest 0.27% gain, up RMB 18 (USD 2.08/t) from the previous close of RMB 7,369 (USD 853/t).

PP (pp2509) opened at RMB 7,153 (USD 828), fluctuated within RMB 7,197–7,136, and settled at RMB 7,145 (USD 827), nearly unchanged, down only RMB 2 (USD 0.23/t) from RMB 7,147 (USD 827/t).

PVC (v2509) started at RMB 5,192 (USD 601), ranged between RMB 5,297–5,140, and closed at RMB 5,159 (USD 597), a slight dip of 0.04%, down RMB 2 (USD 0.23/t) from the prior level of RMB 5,161 (USD 597/t).

Finally, MEG (eg2509) recorded no change, remaining at RMB 4,450 (USD 515/t) with daily trading within RMB 4,490–4,436, reflecting a stable hold from the previous settlement.

Liquidity and volume trends weren’t reported today, but the subtle divergences across polymer contracts suggest continued focus on incremental market cues rather than broad speculative moves.

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