Dalian Commodity Exchange: 16 November 2021 (Night trading)
Dalian Commodity Exchange: 16 November 2021 (Night trading)
Major contracts for January delivery continue to weaken by the end of the night trading session, though the downtrend in PP and LLDPE market seems to slow down a little. On the contrary, PVC contracts see another three digits reductions, which becomes very worrisome for the spot ground.
The session concluded as follows:
Dalian Commodity Exchange (2201 Contract): 16 November 2021 (Night trading) |
|||
Product |
PP |
LLDPE |
PVC |
Close Price (CNY/ton) |
8,314 |
8,666 |
8,354 |
Close Price (USD/ton) |
$1155 |
$1204 |
$1161 |
Changes (CNY/ton) |
-CNY 1 |
-CNY 22 |
-CNY 134 |
Changes (USD/ton) |
-USD 0.2 |
-USD 3 |
-USD 21 |
Volume |
324,396 |
258,805 |
315,828 |
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.