China’s September PP futures fall by 2.82% on weak buying interest

20 April 2016 09:09 Source:ICIS News

SINGAPORE (ICIS)--China’s polypropylene (PP) futures fell 2.82% on Wednesday on weak buying interest, industry sources said.

September PP futures, the most actively traded contract on the Dalian Commodity Exchange (DCE), closed at yuan (CNY) 6,590/tonne ($1,020/tonne), down by CNY191/tonne from Tuesday’s settlement price.

Around 6.76m tonnes of PP or 2.71m contracts for delivery in September were traded on Wednesday, according to DCE data.

($1 = CNY6.46)

By Victoria Zhao