May 01, 2025 2:56 p.m.

Dalian Commodity Exchange: 23 May 2022

Dalian Commodity Exchange: 23 May 2022

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The Dalian Commodity Exchange shrugged off the rising crude oil market and the Shanghai reopening after months of strict lockdown to conclude the trading day in the red. Concerns over the slow economic growth seem to eat away investors’ risk appetite.

The session ended as follows: 

Dalian Commodity Exchange (2209 Contract): 23 May 2022

Product

PP

LLDPE

PVC

Close Price (CNY/ton)

8,475

8,535

8,380

Close Price (USD/ton)

$1123

$1131

$1110

Changes (CNY/ton)

-CNY 7

-CNY 15

-CNY 95

Changes (USD/ton)

-USD 1

-USD 2

-USD 14

Volume

424,179

343,795

442.193

Exchange Rate: USD1=CNY6.68

 

**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