Futures on the Dalian Commodity Exchange closed higher across key polymer and feedstock contracts on Wednesday, March 18, reflecting continued strength in market sentiment.

May LLDPE futures settled CNY36/ton ($5/ton) higher at CNY8533/ton ($1098/ton without VAT), with total trading volume reaching 789,359 tons.

May PP futures posted a stronger gain, rising CNY82/ton ($12/ton) to settle at CNY8730/ton ($1123/ton without VAT). Trade volume stood at 945,787 tons.

May PVC futures increased by CNY26/ton ($4/ton), closing at CNY5837/ton ($751/ton without VAT), with a notably high trading volume of 2,005,916 tons.

Meanwhile, May MEG futures recorded a gain of CNY84/ton ($12/ton), settling at CNY4880/ton ($628/ton without VAT). Trade volume for MEG reached 669,625 tons.

Overall, the upward movement across contracts highlights firm momentum in China’s futures market, supported by strong upstream costs and ongoing supply-side concerns.

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