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Dalian Commodity Exchange: 16 May 2022Dalian Commodity Exchange: 16 May 2022 |
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Key contracts for September delivery ended a choppy trading day with minor gains as traders are cautiously optimistic about the impact of Shanghai’s reopening on the demand outlook.
The session concluded as follows:
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Dalian Commodity Exchange (2209 Contract): 16 May 2022 |
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Product |
PP |
LLDPE |
PVC |
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Close Price (CNY/ton) |
8,605 |
8,669 |
8,673 |
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Close Price (USD/ton) |
$1122 |
$1130 |
$1130 |
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Changes (CNY/ton) |
+CNY 23 |
+CNY 18 |
+CNY 48 |
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Changes (USD/ton) |
+USD 3 |
+USD 3 |
+USD 7 |
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Volume |
325,865 |
281,426 |
336,654 |
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Exchange Rate: USD1=CNY6.79 |
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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
