Jan 16, 2025 1:49 a.m.

Dalian Commodity Exchange: 27 October 2021

Dalian Commodity Exchange: 27 October 2021

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Mainstream petrochemical contracts on Dalian Commodity Exchange continue to nosedive, especially for PVC, following news that the Chinese government would start coal warehouse inspections in three northern provinces to fight illegal storage.

Trading results are as follows:  

Dalian Commodity Exchange (2201 Contract): 27 October 2021

Product

PP

LLDPE

PVC

Close Price (CNY/ton)

8,560

8,710

9,105

Close Price (USD/ton)

$1187

$1208

$1263

Changes (CNY/ton)

-CNY 256

-CNY 310

-CNY 680

Changes (USD/ton)

-USD 40

-USD 49

-USD 107

Volume

321,888

270,806

292,947

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