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Dalian Commodity Exchange: 11 November 2021Dalian Commodity Exchange: 11 November 2021 |
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Major contracts on Dalian Commodity Exchange concluded with additional increases from the previous session, especially for PVC, signaling that the PVC market might have reached the cyclical bottom, and is set to track a more stable to firmer trend in the near term.
The trading session concluded as follows:
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Dalian Commodity Exchange (2201 Contract): 11 November 2021 |
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Product |
PP |
LLDPE |
PVC |
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Close Price (CNY/ton) |
8,677 |
8,956 |
9,095 |
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Close Price (USD/ton) |
$1200 |
$1239 |
$1258 |
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Changes (CNY/ton) |
+CNY 138 |
+CNY 99 |
+CNY 432 |
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Changes (USD/ton) |
+USD 22 |
+USD 15 |
+USD 68 |
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Volume |
286,413 |
253,136 |
370,062 |
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Exchange Rate: USD1=CNY6.40 |
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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
