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Dalian Commodity Exchange: 23 June 2022Dalian Commodity Exchange: 23 June 2022 |
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Major petrochemical contracts on Dalian Commodity Exchange settle another day with loses, however, the downtrend in PVC seems to slow down after losing three-digit in value for several straight days. Fear of a recession clouded the market.
The trading session concluded as follows:
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Dalian Commodity Exchange (2209 Contract): 22 June 2022 |
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Product |
PP |
LLDPE |
PVC |
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Close Price (CNY/ton) |
8,431 |
8,481 |
7,543 |
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Close Price (USD/ton) |
$1112 |
$1119 |
$995 |
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Changes (CNY/ton) |
-CNY 75 |
-CNY 76 |
-CNY 15 |
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Changes (USD/ton) |
-USD 11 |
-USD 11 |
-USD 2 |
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Volume |
417,122 |
333,932 |
513,174 |
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Exchange Rate: USD1=CNY6.71 |
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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
