Jan 12, 2025 11:40 p.m.

Dalian Commodity Exchange: 27 June 2022

Dalian Commodity Exchange: 27 June 2022

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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.

 

Country

China