Dalian Commodity Exchange: 27 June 2022
Dalian Commodity Exchange: 27 June 2022
Key PP and LLDPE contract for September delivery concluded the trading day in the green for the first time in nearly two weeks, though the gains are rather minor, signalling the lack of risk appetite among Chinese traders. Meanwhile, PVC contracts continue to fall, which is expected to affect the spot market.
The session concluded as follows:
Dalian Commodity Exchange (2209 Contract): 27 June 2022 |
|||
Product |
PP |
LLDPE |
PVC |
Close Price (CNY/ton) |
8,439 |
8,438 |
7,265 |
Close Price (USD/ton) |
$1118 |
$1118 |
$962 |
Changes (CNY/ton) |
+CNY 29 |
+CNY 6 |
-CNY 160 |
Changes (USD/ton) |
+USD 4 |
+USD 1 |
-USD 24 |
Volume |
420,876 |
352,595 |
540,752 |
Exchange Rate: USD1=CNY6.68 |
**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.