Jan 15, 2025 9:35 p.m.

Dalian Commodity Exchange: 08 November 2021

Dalian Commodity Exchange: 08 November 2021

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Key contracts for January delivery settled mixed on Dalian Commodity Exchange on the first trading day of the week. The front-month PVC contract jumped sharply as traders said the market might have over-reacted to the coal market while pressure on PP remains strong.

The trading session concluded as follows: 

Dalian Commodity Exchange (2201 Contract): 08 November 2021

Product

PP

LLDPE

PVC

Close Price (CNY/ton)

8,604

8,901

8,515

Close Price (USD/ton)

$1190

$1231

$1177

Changes (CNY/ton)

-CNY 29

+CNY 41

+CNY 232

Changes (USD/ton)

-USD 5

+USD 6

+USD 36

Volume

298,723

263,464

322,416

Exchange Rate: USD1=CNY6.40   

 

 

**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