CommoPlast

Dalian Commodity Exchange: 24 June 2022

Dalian Commodity Exchange: 24 June 2022



Dalian Commodity Exchange ended the final trading day of the week in the red as investors continue to pare risky assets amid the growing fear of economic recession in the US. The PVC futures are still the worst performing polyolefins contract at the moment.

The session ended as follows: 

Dalian Commodity Exchange (2209 Contract): 24 June 2022

Product

PP

LLDPE

PVC

Close Price (CNY/ton)

8,313

8,330

7,276

Close Price (USD/ton)

$1100

$1102

$962

Changes (CNY/ton)

-CNY 103

-CNY 127

-CNY 213

Changes (USD/ton)

-USD 15

-USD 19

-USD 32

Volume

438,501

352,595

533,367

Exchange Rate: USD1=CNY6.69

 

**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