CommoPlast

Dalian Commodity Exchange: 20 June 2022

Dalian Commodity Exchange: 20 June 2022



Key contracts for September delivery settled the first trading day of the week with additional losses, with PVC nosedived three digits in value, which is expected to weigh on the domestic spot market in the coming days.

The session concluded as follows:

Dalian Commodity Exchange (2209 Contract): 20 June 2022

Product

PP

LLDPE

PVC

Close Price (CNY/ton)

8,513

8,592

7,751

Close Price (USD/ton)

$1129

$1140

$1028

Changes (CNY/ton)

-CNY 68

-CNY 48

-CNY 212

Changes (USD/ton)

-USD 6

-USD 19

-USD 32

Volume

389,112

335,389

517,746

Exchange Rate: USD1=CNY6.67

 

**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