Jan 20, 2022 3:57 p.m.
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Dalian Commodity Exchange: 19 January 2022 (Night trading)
Title

The 2205 for May 2022 delivery contract on Dalian Commodity Exchange on 19 January 2022 settled as follows:
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Title plant

Vietnam’s Hyosung restarted PDH and PP plant after technical glitches

According to market sources, Hyosung Vina Chemical has restarted its propane dehydrogenation (PDH) unit in Southern Vietnam on 7 January 2022 after shutting the line in mid December last year due to a technical difficulty.
Title economy

Vietnam to lower value added tax rates for most products and services in February

Commenting on the timing of the implementation, industry experts said the government misses the opportunity to give the consumption a great boost right before the Lunar New Year holiday.
Title insight

Key Indonesian producer opens third price list this week

Players fear the declining sentiment in China as the Lunar New Year draws near and the sharp uptick in prices would unavoidably attract Chinese cargoes.
Title insight

China Morning Snapshot – 19 January 2022

Chinese sellers reportedly receive a high number of inquiries from customers following the surge in crude oil prices.

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Dalian Commodity Exchange Updated 19 Jan 2022 Contract No. 2205
PP LLDPE PVC
Close (CNY/ton) 8,516 +157 8,932 +133 8,715 +124
Close (USD/ton) 1,187 +25 1,246 +21 1,215 +20
Volume 345,608 +11779 324,910 +4754 422,258 +17898
* All USD prices are excluding VAT basis
Volume indicates number of contracts
Monomers & Feedstock Updated 19 Jan 2022
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