Jan 16, 2025 4:46 a.m.

Dalian Commodity Exchange: 19 October 2021

Dalian Commodity Exchange: 19 October 2021

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Except for the January PVC contract, which settled the trading session with three digits hikes; both front-month PP and LLDPE contracts slipped into the negative territory, underlining the lack of risk appetite among Chinese traders. 

The trading session on 19 October 2021 concluded as follows:  

Dalian Commodity Exchange (2201 Contract): 19 October 2021

Product

PP

LLDPE

PVC

Close Price (CNY/ton)

9,643

9,585

11,860

Close Price (USD/ton)

$1331

$1323

$1637

Changes (CNY/ton)

-CNY 83

-CNY 5

+CNY 175

Changes (USD/ton)

-USD 13

-USD 1

+USD 27

Volume

375,068

309,310

316,258

Exchange Rate: USD1=CNY6.41   

 

 

**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