Dalian Commodity Exchange: 11 July 2022

Key contracts on Dalian Commodity Exchange plunged sharply on the first trading day of the week after the government announced 294 areas across the country to be under high-risk areas due to the rising number of infection cases. Investors fear that a potential widespread lockdown would curb demand further.

The session concluded as follows:  

**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.