Jan 13, 2025 5:57 a.m.

Dalian Commodity Exchange: 25 May 2022

Dalian Commodity Exchange: 25 May 2022

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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.

 

Country

China