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Dalian Commodity Exchange: 18 November 2021 (Night trading)Dalian Commodity Exchange: 18 November 2021 (Night trading) |
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The uptrend in PP and LLDPE futures proved unsustainable as both contracts ended the overnight session in the red. Chinese investors continue to adopt a cautious stance to monitor further governmental policies before making investment decisions.
The session concluded as follows:
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Dalian Commodity Exchange (2201 Contract): 18 November 2021 (Night trading) |
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Product |
PP |
LLDPE |
PVC |
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Close Price (CNY/ton) |
8,280 |
8,679 |
8,487 |
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Close Price (USD/ton) |
$1149 |
$1204 |
$1177 |
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Changes (CNY/ton) |
-CNY 55 |
-CNY 39 |
+CNY 112 |
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Changes (USD/ton) |
-USD 9 |
-USD 6 |
+USD 18 |
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Volume |
315,985 |
248,409 |
300,651 |
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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
