Dalian Commodity Exchange: 10 May 2022
Dalian Commodity Exchange: 10 May 2022
Major contracts on Dalian Commodity Exchange extended the weakening trend, reflecting the mass selloff across the Asian equity market on concerns over the economic outlook after the FED increased the interest rates while the outbreak in China worsens.
The session concluded as follows:
Dalian Commodity Exchange (2209 Contract): 10 May 2022 |
|||
Product |
PP |
LLDPE |
PVC |
Close Price (CNY/ton) |
8,606 |
8,636 |
8,495 |
Close Price (USD/ton) |
$1135 |
$1139 |
$1120 |
Changes (CNY/ton) |
-CNY 119 |
-CNY 112 |
-CNY 135 |
Changes (USD/ton) |
-USD 18 |
-USD 17 |
-USD 20 |
Volume |
307,137 |
275,909 |
359,496 |
Exchange Rate: USD1=CNY6.71 |
**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.