May 29, 2023 4:43 p.m.
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Dalian Commodity Exchange: 29 May 2023
Title

The 2309 for September 2023 delivery contract on Dalian Commodity Exchange on 29 May 2023 settled as follows:
Daily Overview »
[MEMBER] Daily Market Wrap – China – 23 May 2023
[MEMBER] Daily Market Wrap – SEA – 22 May 2023
[MEMBER] Daily Market Wrap – China – 22 May 2023
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[MEMBER] Indonesia – Weekly PP Wrap Up - 25 May 2023
[MEMBER] Indonesia – Weekly PE Wrap Up - 25 May 2023
[MEMBER] Indonesia – Weekly PP Wrap Up - 17 May 2023
Title insight

29 May 2023 - Shenhua's coal-based PP and PE Auction Results

Compared to cargoes traded in the spot market and the Dalian Commodity Exchange, coal-based parcels on the Shenhua auction platform are way more attractive, which once again explains the healthy number of deals concluded.
Title insight

China Morning Snapshot – 29 May 2023

As expected, local suppliers immediately lift spot PP and PE prices to reflect the rising Dalian Commodity Exchange, however, face stiff market resistance.
Title insight

Price List: Zhongjing resumes cutting export PP offers despite stronger DCE

Zhongjing Petrochemical resumes cutting export PP offers on the first trading day of the week disregarding the stabilizing note of the Dalian Commodity Exchange due to the persistently weak responses from the market.
Title economy

Oil ticked up as the US is close to reaching a debt ceiling agreement

A deal to lift the US government’s $31.4 trillion debt ceiling may likely be finalized on Friday, but markets are wary of a possible delay that could hinder proceedings.

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Dalian Commodity Exchange Updated 29 May 2023 Contract No. 2309
PP LLDPE PVC
Close (CNY/ton) 7,009 +94 7,729 +127 5,736 +43
Close (USD/ton) 877 +14 967 +18 718 +6
Volume 687,831 -424 438,168 -19213 860,933 +6362
* All USD prices are excluding VAT basis
Volume indicates number of contracts
Monomers & Feedstock Updated 26 May 2023
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