Apr 24, 2024 12:52 a.m.

Dalian Commodity Exchange: 29 June 2022

Dalian Commodity Exchange: 29 June 2022

Title

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Major PP and LLDPE contract managed to rebound from the earlier dip after the government vows to implement more forceful tools to achieve economic goals, which could stimulate the market.

The trading session concluded as follows:

Dalian Commodity Exchange (2209 Contract): 29 June 2022

Product

PP

LLDPE

PVC

Close Price (CNY/ton)

8,488

8,503

7,318

Close Price (USD/ton)

$1121

$1123

$967

Changes (CNY/ton)

+CNY 8

+CNY 14

-CNY 13

Changes (USD/ton)

+USD 1

+USD 2

-USD 2

Volume

406,057

328,501

551,338

Exchange Rate: USD1=CNY6.70

 

**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