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Dalian Commodity Exchange: 16 November 2021 (Night trading)Dalian Commodity Exchange: 16 November 2021 (Night trading) |
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Major contracts for January delivery continue to weaken by the end of the night trading session, though the downtrend in PP and LLDPE market seems to slow down a little. On the contrary, PVC contracts see another three digits reductions, which becomes very worrisome for the spot ground.
The session concluded as follows:
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Dalian Commodity Exchange (2201 Contract): 16 November 2021 (Night trading) |
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Product |
PP |
LLDPE |
PVC |
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Close Price (CNY/ton) |
8,314 |
8,666 |
8,354 |
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Close Price (USD/ton) |
$1155 |
$1204 |
$1161 |
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Changes (CNY/ton) |
-CNY 1 |
-CNY 22 |
-CNY 134 |
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Changes (USD/ton) |
-USD 0.2 |
-USD 3 |
-USD 21 |
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Volume |
324,396 |
258,805 |
315,828 |
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Exchange Rate: USD1=CNY6.38 |
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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
