Jan 11, 2025 1:41 a.m.

Dalian Commodity Exchange: 25 April 2023

Dalian Commodity Exchange wrapped up the trading day on 25 April 2023 with key PP, LLDPE, and PVC contracts settled on a mixed note.

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Dalian Commodity Exchange wrapped up the trading day on 25 April 2023 with key PP, LLDPE, and PVC contracts settled on a mixed note. While September delivery PP and LLDPE futures managed to remain in the positive territory, PVC concluded lower, which market participants expect to exert some downward pressure on the spot market in the coming days.

Trading results are as follows: 

Dalian Commodity Exchange (2309 Contract): 25 April 2023

Product

PP

LLDPE

PVC

Close Price (CNY/ton)

7,556

8,211

6,083

Close Price (USD/ton)

$969

$1053

$780

Changes (CNY/ton)

+CNY 16

+CNY 21

-CNY 81

Changes (USD/ton)

+USD 2

+USD 3

-USD 12

Volume

470,728

375,747

667,939

Exchange Rate: USD1=CNY6.90

 

**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