Dalian Commodity Exchange: 25 April 2023Dalian Commodity Exchange wrapped up the trading day on 25 April 2023 with key PP, LLDPE, and PVC contracts settled on a mixed note. |
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Dalian Commodity Exchange wrapped up the trading day on 25 April 2023 with key PP, LLDPE, and PVC contracts settled on a mixed note. While September delivery PP and LLDPE futures managed to remain in the positive territory, PVC concluded lower, which market participants expect to exert some downward pressure on the spot market in the coming days.
Trading results are as follows:
Dalian Commodity Exchange (2309 Contract): 25 April 2023 |
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Product |
PP |
LLDPE |
PVC |
Close Price (CNY/ton) |
7,556 |
8,211 |
6,083 |
Close Price (USD/ton) |
$969 |
$1053 |
$780 |
Changes (CNY/ton) |
+CNY 16 |
+CNY 21 |
-CNY 81 |
Changes (USD/ton) |
+USD 2 |
+USD 3 |
-USD 12 |
Volume |
470,728 |
375,747 |
667,939 |
Exchange Rate: USD1=CNY6.90 |
**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