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Dalian Commodity Exchange: 28 October 2021Dalian Commodity Exchange: 28 October 2021 |
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January 2022 delivery contracts for both PP and LLDPE settled the trading day in the red, though in smaller losses than the first half of the day. Meanwhile, sources believed that the front-month PVC contracts might have been overshot, hence the rebound.
Trading results are as follows:
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Dalian Commodity Exchange (2201 Contract): 28 October 2021 |
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Product |
PP |
LLDPE |
PVC |
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Close Price (CNY/ton) |
8,658 |
8,760 |
9,545 |
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Close Price (USD/ton) |
$1197 |
$1211 |
$1320 |
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Changes (CNY/ton) |
-CNY 59 |
-CNY 135 |
+CNY 120 |
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Changes (USD/ton) |
-USD 9 |
-USD 21 |
+USD 19 |
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Volume |
289,883 |
246,379 |
255,746 |
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Exchange Rate: USD1=CNY6.4 |
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**Note: All USD equivalent prices only exclude the 13% value-added tax (VAT). They have not taken into account other costs that might incur in the selling process, i.e. import duty, customs clearances.
Country
China
