Jan 15, 2025 11:37 p.m.

Dalian Commodity Exchange: 16 November 2021

Dalian Commodity Exchange: 16 November 2021

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Major contracts for January 2022 delivery settle with additional losses from the previous session with PVC taking the lead. Traders are not sharing the same optimism observed in the shares market following the Biden-Xi call.

Trading results are as follows: 

Dalian Commodity Exchange (2201 Contract): 16 November 2021

Product

PP

LLDPE

PVC

Close Price (CNY/ton)

8,304

8,727

8,359

Close Price (USD/ton)

$1154

$1212

$1161

Changes (CNY/ton)

-CNY 226

-CNY 213

-CNY 314

Changes (USD/ton)

-USD 35

-USD 33

-USD 49

Volume

321,682

254,978

354,207

Exchange Rate: USD1=CNY6.37  

 

 

**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