CommoPlast

Dalian Commodity Exchange: 12 January 2021

Dalian Commodity Exchange: 12 January 2021



Major contracts for May 2021 delivery concluded the trading day on a positive note, however, players remain cautious as the Chinese government expanded the COVID-19 related lockdown to other cities. 

The trading results on 12 January are as following: 

Dalian Commodity Exchange (2105 Contract): 12 January 2021

Product

PP

LLDPE

PVC

Close Price (CNY/ton)

7,857

7,560

7,025

Close Price (USD/ton)

$1073

$1032

$959

Changes (CNY/ton)

+CNY 51

+CNY 70

+CNY 75

Changes (USD/ton)

+USD 8

+USD 11

+USD 12

Volume

324,169

246,551

397,863

Exchange Rate: USD1=CNY6.48   

 

 

**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