Dalian Commodity Exchange: 25 October 2021
Dalian Commodity Exchange: 25 October 2021
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.