Jan 13, 2025 3 a.m.

Dalian Commodity Exchange: 07 June 2022

Dalian Commodity Exchange: 07 June 2022

Title

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Both PP and LLDPE contracts ended the trading session in the red, losing all the gains recorded in the earlier hours as traders lack confidence in the demand outlook.

The session concluded as follows: 

Dalian Commodity Exchange (2209 Contract): 07 June 2022

Product

PP

LLDPE

PVC

Close Price (CNY/ton)

8,915

9,051

8,730

Close Price (USD/ton)

$1185

$1203

$1160

Changes (CNY/ton)

-CNY 50

-CNY 31

+CNY 64

Changes (USD/ton)

-USD 8

-USD 5

+USD 10

Volume

429,121

374,338

397,135

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