CommoPlast

Dalian Commodity Exchange: 24 December 2020

Dalian Commodity Exchange: 24 December 2020



Both PP and LLDPE contracts for May 2021 delivery settled the trading day on a positive note, thanks to the support from strengthening crude oil market. 

The trading results are shown in the following table: 

Dalian Commodity Exchange (2105 Contract): 24 December 2020

Product

PP

LLDPE

PVC

Close Price (CNY/ton)

8,259

7,900

7,410

Close Price (USD/ton)

$1118

$1069

$1003

Changes (CNY/ton)

+CNY 48

+CNY 135

-CNY 30

Changes (USD/ton)

+USD 7

+USD 21

-USD 5

Volume

258,591

218,406

311,230

Exchange Rate: USD1=CNY6.54    


**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