CommoPlast

Dalian Commodity Exchange: 31 May 2022

Dalian Commodity Exchange: 31 May 2022



The upbeat sentiment on the futures market might continue to persist in the near term as traders cheer the reopening of Shanghai and the government’s commitment in boosting growth.

The session ended as follow:  

Dalian Commodity Exchange (2209 Contract): 31 May 2022

Product

PP

LLDPE

PVC

Close Price (CNY/ton)

8,902

8,996

8,421

Close Price (USD/ton)

$1183

$1195

$1119

Changes (CNY/ton)

+CNY 148

+CNY 184

+CNY 143

Changes (USD/ton)

+USD 22

+USD 28

+USD 21

Volume

400,145

340,537

448,574

Exchange Rate: USD1=CNY6.66

 

**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