Dalian Commodity Exchange: 25 April 2022Dalian Commodity Exchange: 25 April 2022 |
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Major contracts for September delivery were nosedived on the first trading day of the week as traders rush to sell off fearing another strict lockdown in Beijing could quench the demand.
The trading session concluded as follows:
Dalian Commodity Exchange (2209 Contract): 25 April 2022 |
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Product |
PP |
LLDPE |
PVC |
Close Price (CNY/ton) |
8,492 |
8,644 |
8,500 |
Close Price (USD/ton) |
$1149 |
$1170 |
$1150 |
Changes (CNY/ton) |
-CNY 306 |
-CNY 261 |
-CNY 404 |
Changes (USD/ton) |
-USD 47 |
-USD 40 |
-USD 62 |
Volume |
299,083 |
274,477 |
348,484 |
Exchange Rate: USD1=CNY6.54 |
**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