Core Viewpoint - The Dalian Commodity Exchange (DCE) has expanded the delivery areas for polyethylene and polypropylene futures to better serve the plastic industry and enhance market functionality [1][2]. Group 1: Market Changes and Impacts - The plastic chemical market in China has undergone significant changes, with the northwest region, particularly Shaanxi, increasing its consumption capacity and market influence, accounting for approximately 50% of the total consumption in the northwest [2][3]. - Tianjin, with its numerous large production enterprises and advantageous logistics as a major northern port, is positioned as a key area for polypropylene production and trade [2]. Group 2: Futures Market Adjustments - The DCE has responded to industry demands by including Shaanxi and Tianjin as delivery areas for polyethylene and polypropylene futures, respectively, which will enhance the available delivery volume and coverage of delivery facilities [2][3]. - The newly established delivery warehouses in these regions will have a set basis of -100 yuan/ton for the delivery price adjustment, effective from the L2606 and PP2606 contracts [1]. Group 3: Stakeholder Engagement and Future Plans - Prior to the expansion, the DCE conducted thorough consultations with various market participants, including producers, consumers, traders, and investment institutions, to refine the delivery area expansion plan [3]. - The DCE plans to continue collecting and screening designated delivery warehouses for polyethylene and polypropylene futures, ensuring that only qualified enterprises are included in the delivery process [3].