Dalian Commodity Exchange: 06 June 2022
Dalian Commodity Exchange: 06 June 2022
Key contract for LLDPE shrugged off all the previous gains to conclude the trading session in the red. Despite the bullish outlook associated with Shanghai and Beijing easing lockdown measures, both PP and LLDPE contracts have been traded sluggishly over the past week. Surprisingly, PVC futures rose three digits.
The session ended as follows:
Dalian Commodity Exchange (2209 Contract): 06 June 2022 |
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Product |
PP |
LLDPE |
PVC |
Close Price (CNY/ton) |
8,926 |
9,023 |
8,728 |
Close Price (USD/ton) |
$1186 |
$1199 |
$1160 |
Changes (CNY/ton) |
+CNY 26 |
-CNY 10 |
+CNY 331 |
Changes (USD/ton) |
+USD 4 |
-USD 2 |
+USD 50 |
Volume |
417,988 |
370,964 |
405,262 |
Exchange Rate: USD1=CNY6.66 |
**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.