Nov 30, 2022 5:05 a.m.
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economy

Dalian Commodity Exchange: 29 November 2022 (Night trading)
Title

The 2301 for January 2023 delivery contract on Dalian Commodity Exchange on 29 November 2022 settled as follows:
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[MEMBER] Indonesia – Weekly PE Wrap Up - 24 November 2022
[MEMBER] Indonesia – Weekly PP Wrap Up - 24 November 2022
[MEMBER] Indonesia – Weekly PP Wrap Up - 17 November 2022
Title insight

South Korean PP inched lower in Indonesia, limited market responses

Buyers portray limited purchasing interest following news that import homo-PP has been concluded below the $900/ton threshold in China, marking the start of a new down-cycle.
Title insight

Import homo-PP below the $900/ton mark pique Chinese customers’ buying interest, again

Besides, market participants remain hopeful that the government would gradually ease COVID-19 control measure after the Lunar New Year, which takes place in late January 2023.
Title economy

Dalian Commodity Exchange: 29 November 2022

The 2301 for January 2023 delivery contract on Dalian Commodity Exchange on 29 November 2022 settled as follows:
Title insight

Domestic producer slashes December PVC offers in Indonesia on weak demand

Indonesian customers are rather concerned about the demand outlook in 2023 because of the presidential election campaigning that might further impact the infrastructure project approval processes.

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Dalian Commodity Exchange Updated 29 Nov 2022 Contract No. 2301
PP LLDPE PVC
Close (CNY/ton) 7,788 +127 8,018 +70 5,966 +46
Close (USD/ton) 960 +18 988 +10 735 +6
Volume 341,619 +22154 293,847 +2642 505,211 -27807
* All USD prices are excluding VAT basis
Volume indicates number of contracts
Monomers & Feedstock Updated 28 Nov 2022
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