Dalian Commodity Exchange: 29 June 2022
Dalian Commodity Exchange: 29 June 2022
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.