Jan 13, 2025 6:20 a.m.

Dalian Commodity Exchange: 13 June 2022

Dalian Commodity Exchange: 13 June 2022

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Major petrochemical contracts for September delivery ended the first trading day of the week with sharp losses as traders drop high-risk assets after the Chinese government imposed partial lockdowns in Beijing and Shanghai. 

The session concluded as follows: 

Dalian Commodity Exchange (2209 Contract): 13 June 2022

Product

PP

LLDPE

PVC

Close Price (CNY/ton)

8,810

8,982

8,378

Close Price (USD/ton)

$1157

$1179

$1100

Changes (CNY/ton)

-CNY 112

-CNY 121

-CNY 219

Changes (USD/ton)

-USD 17

-USD 18

-USD 32

Volume

410,232

390,348

412,141

Exchange Rate: USD1=CNY6.74

 

**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