Jan 16, 2025 4:46 a.m.

Dalian Commodity Exchange: 13 October 2021 (Night trading)

Dalian Commodity Exchange: 13 October 2021 (Night trading)

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[CommoPlast] - Polyolefins contracts for January 2022 delivery on Dalian Commodity Exchange continue to fall sharply in the night trading session, with PVC registered record fall of four digits in value. 

Players said the domestic spot market would open with additional reductions in the next trading day, taking cues from the latest development on the futures market.

Trading results on the night of 13 October 2021 are as follows: 

Dalian Commodity Exchange (2201 Contract): 13 October 2021 (Night trading)

Product

PP

LLDPE

PVC

Close Price (CNY/ton)

9,667

9,475

11,370

Close Price (USD/ton)

$1326

$1300

$1560

Changes (CNY/ton)

-CNY 286

-CNY 300

-CNY 1260

Changes (USD/ton)

-USD 44

-USD 47

-USD 195

Volume

406,855

319,458

334,826

Exchange Rate: USD1=CNY6.45  

 

 

**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