CommoPlast

Dalian Commodity Exchange: 17 November 2021

Dalian Commodity Exchange: 17 November 2021



Both PP and LLDPE contracts for January delivery concluded with minor gains after two consecutive days of falling, which lend some support to the domestic spot market. Meanwhile, PVC futures extended the weakening trend for the third day in a row.

The futures market concluded as follows:  

Dalian Commodity Exchange (2201 Contract): 17 November 2021

Product

PP

LLDPE

PVC

Close Price (CNY/ton)

8,353

8,728

8,316

Close Price (USD/ton)

$1157

$1209

$1152

Changes (CNY/ton)

+CNY 38

+CNY 40

-CNY 172

Changes (USD/ton)

+USD 6

+USD 6

-USD 27

Volume

311,513

255,079

338,784

Exchange Rate: USD1=CNY6.37  

 

 

**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