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Dalian Commodity Exchange: 17 May 2022Dalian Commodity Exchange: 17 May 2022 |
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While both PP and LLDPE contracts for September delivery struggled to retain their strength on the second trading day of the week, the PVC contract slip into the bear territory, highlighting the cautious stance among Chinese investors.
The session concluded as follows:
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Dalian Commodity Exchange (2209 Contract): 17 May 2022 |
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|
Product |
PP |
LLDPE |
PVC |
|
Close Price (CNY/ton) |
8,637 |
8,719 |
8,611 |
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Close Price (USD/ton) |
$1127 |
$1138 |
$1124 |
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Changes (CNY/ton) |
+CNY 26 |
+CNY 44 |
-CNY 48 |
|
Changes (USD/ton) |
+USD 4 |
+USD 6 |
-USD 7 |
|
Volume |
315,478 |
282,330 |
369,428 |
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Exchange Rate: USD1=CNY6.78 |
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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
