Dalian Commodity Exchange: 23 May 2022
Dalian Commodity Exchange: 23 May 2022

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.