Dalian Commodity Exchange: 05 July 2022
Dalian Commodity Exchange: 05 July 2022
While PVC futures continue to gallop lower on the bearish demand outlook from the construction sector, key PP and LLDPE contracts managed to gain some strength by the end of the trading day, shrugging off the new COVID-19 containment measures in several areas in Eastern China.
The session concluded as follows:
Dalian Commodity Exchange (2209 Contract): 05 July 2022 |
|||
Product |
PP |
LLDPE |
PVC |
Close Price (CNY/ton) |
8,432 |
8,504 |
6,820 |
Close Price (USD/ton) |
$1115 |
$1125 |
$902 |
Changes (CNY/ton) |
+CNY 54 |
+CNY 95 |
-CNY 215 |
Changes (USD/ton) |
+USD 8 |
+USD 14 |
-USD 32 |
Volume |
397,864 |
329,735 |
625,582 |
Exchange Rate: USD1=CNY6.69 |
**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.