Jan 18, 2025 3:49 p.m.

Dalian Commodity Exchange: 17 December 2020

Dalian Commodity Exchange: 17 December 2020

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Both PP and LLDPE contracts for May 2021 delivery concluded the trading day on a firm note, the first gain this week. However, the PVC contract continues to weaken, marking a four-day losing streak. 

The trading results for the day session on 17 December 2020 are shown in the following table:

Dalian Commodity Exchange (2105 Contract): 17 December 2020

Product

PP

LLDPE

PVC

Close Price (CNY/ton)

8,318

7,890

7,470

Close Price (USD/ton)

$1127

$1069

$1012

Changes (CNY/ton)

+CNY 40

+CNY 85

-CNY 110

Changes (USD/ton)

+USD 6

+USD 13

-USD 17

Volume

240,457

208,196

245,417

Exchange Rate: USD1=CNY6.53     

 

 

**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