Jan 12, 2025 10:48 p.m.

Dalian Commodity Exchange: 05 July 2022

Dalian Commodity Exchange: 05 July 2022

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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.

 

Country

China