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Dalian Commodity Exchange: 14 June 2022Dalian Commodity Exchange: 14 June 2022 |
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Major contracts on Dalian Commodity Exchange remained in the red for the second session on growing concerns over the demand outlook amid the partial lockdown in Beijing and Shanghai and fear of a global recession. The September delivery contract for PVC seems to face more pressure than others.
The session ended as follows:
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Dalian Commodity Exchange (2209 Contract): 14 June 2022 |
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Product |
PP |
LLDPE |
PVC |
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Close Price (CNY/ton) |
8,805 |
8,959 |
8,234 |
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Close Price (USD/ton) |
$1158 |
$1178 |
$1083 |
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Changes (CNY/ton) |
-CNY 45 |
-CNY 100 |
-CNY 238 |
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Changes (USD/ton) |
-USD 7 |
-USD 15 |
-USD 35 |
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Volume |
398,868 |
395,965 |
433,930 |
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Exchange Rate: USD1=CNY6.73 |
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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
