Dalian Commodity Exchange: 25 May 2022
Dalian Commodity Exchange: 25 May 2022
The concerns over the well-being of the global economy continue to seed heavy clouds over the trading sentiment on the Dalian Commodity Exchange. Major PP and LLDPE contracts for September delivery registered minor gains, while PVC plunged deeper into the negative territory.
The trading session concluded as follows:
Dalian Commodity Exchange (2209 Contract): 25 May 2022 |
|||
Product |
PP |
LLDPE |
PVC |
Close Price (CNY/ton) |
8,506 |
8,542 |
8,232 |
Close Price (USD/ton) |
$1129 |
$1133 |
$1092 |
Changes (CNY/ton) |
+CNY 9 |
+CNY 8 |
-CNY 131 |
Changes (USD/ton) |
+USD 1 |
+USD 1 |
-USD 20 |
Volume |
420,251 |
335,107 |
493,378 |
Exchange Rate: USD1=CNY6.67 |
**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.