Jan 15, 2025 11:41 p.m.

Dalian Commodity Exchange: 25 October 2021

Dalian Commodity Exchange: 25 October 2021

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All three key petrochemical contracts for January delivery extended the weakening trend following the falling coal prices, signalling the government’s efforts in curbing speculation and hoarding are working.

By the end of the session, the front-month contracts settled as follows:

Dalian Commodity Exchange (2201 Contract): 25 October 2021

Product

PP

LLDPE

PVC

Close Price (CNY/ton)

8,852

9,065

10,195

Close Price (USD/ton)

$1228

$1257

$1414

Changes (CNY/ton)

-CNY 246

-CNY 120

-CNY 110

Changes (USD/ton)

-USD 39

-USD 19

-USD 17

Volume

346,255

289,648

284,116

Exchange Rate: USD1=CNY6.38   

 

 

**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