Jan 15, 2025 11:58 p.m.

Dalian Commodity Exchange: 16 November 2021 (Night trading)

Dalian Commodity Exchange: 16 November 2021 (Night trading)

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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.

 

Country

China