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Dalian Commodity Exchange: 04 November 2021Dalian Commodity Exchange: 04 November 2021 |
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The front-month PVC contract continues to decline at the fastest pace compared to others in pessimism over the property sector in the final quarter of the year. The persistently weakening futures prices are expected to cast a detrimental effect on the spot market in the near term.
Dalian Commodity Exchange concluded as follows:
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Dalian Commodity Exchange (2201 Contract): 04 November 2021 |
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Product |
PP |
LLDPE |
PVC |
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Close Price (CNY/ton) |
8,534 |
8,718 |
8,188 |
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Close Price (USD/ton) |
$1180 |
$1205 |
$1132 |
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Changes (CNY/ton) |
-CNY 123 |
+CNY 13 |
-CNY 542 |
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Changes (USD/ton) |
-USD 19 |
+USD 2 |
-USD 85 |
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Volume |
307,122 |
244,435 |
363,554 |
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Exchange Rate: USD1=CNY6.39 |
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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
