CommoPlast

Dalian Commodity Exchange: 20 April 2022

Dalian Commodity Exchange: 20 April 2022



Major contracts for May delivery concluded the trading day with loses after the IMF cut global economic growth citing China lockdown and the Russia-Ukraine war.

The trading results are as follows: 

Dalian Commodity Exchange (2205 Contract): 20 April 2022

Product

PP

LLDPE

PVC

Close Price (CNY/ton)

8,838

8,950

9,199

Close Price (USD/ton)

$1228

$1239

$1274

Changes (CNY/ton)

-CNY 69

-CNY 107

+CNY 43

Changes (USD/ton)

-USD 11

-USD 17

+USD 7

Volume

95,197

54,951

118,080

Exchange Rate: USD1=CNY6.39    

 

**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