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Dalian Commodity Exchange: 11 July 2022Dalian Commodity Exchange: 11 July 2022 |
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Key contracts on Dalian Commodity Exchange plunged sharply on the first trading day of the week after the government announced 294 areas across the country to be under high-risk areas due to the rising number of infection cases. Investors fear that a potential widespread lockdown would curb demand further.
The session concluded as follows:
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Dalian Commodity Exchange (2209 Contract): 11 July 2022 |
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Product |
PP |
LLDPE |
PVC |
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Close Price (CNY/ton) |
8,130 |
8,148 |
6,582 |
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Close Price (USD/ton) |
$1072 |
$1075 |
$868 |
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Changes (CNY/ton) |
-CNY 207 |
-CNY 187 |
-CNY 96 |
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Changes (USD/ton) |
-USD 31 |
-USD 28 |
-USD 14 |
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Volume |
420,046 |
348,320 |
597,092 |
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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
