Jan 13, 2025 2:50 a.m.

Dalian Commodity Exchange: 06 June 2022

Dalian Commodity Exchange: 06 June 2022

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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

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.

 

Country

China