Jan 18, 2025 3:48 p.m.

Dalian Commodity Exchange: 16 December 2020

Dalian Commodity Exchange: 16 December 2020

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Major contracts on Dalian Commodity Exchange has transitioned to May 2021 delivery (2105) as of today. By the end of the trading session on 16 December 2020, all PP, LLDPE, and PVC are settled lower. 

The trading results are shown in the following table: 

Dalian Commodity Exchange (2105 Contract): 16 December 2020

Product

PP

LLDPE

PVC

Close Price (CNY/ton)

8,258

7,825

7,545

Close Price (USD/ton)

$1117

$1059

$1021

Changes (CNY/ton)

-CNY 86

-CNY 60

-CNY 50

Changes (USD/ton)

-USD 13

-USD 9

-USD 8

Volume

239,094

205,670

227,770

Exchange Rate: USD1=CNY6.54    

 

 

**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