Jan 17, 2025 4:05 a.m.

Dalian Commodity Exchange: 7 May 2021

Dalian Commodity Exchange: 7 May 2021

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Major contracts on Dalian Commodity Exchange continue to ride on the uptrend with the support from the positive economic data for both China and the USA in the month of April.

September delivery contract for PVC registered another strong gain today, which is expected to boost the sentiment in the spot market. 

Trading results on 7 May 2021 are shown in the following table: 

Dalian Commodity Exchange (2109 Contract): 07 May 2021

Product

PP

LLDPE

PVC

Close Price (CNY/ton)

8,875

8,475

9,285

Close Price (USD/ton)

$1214

$1159

$1270

Changes (CNY/ton)

+CNY 188

+CNY 260

+CNY 240

Changes (USD/ton)

+USD 29

+USD 40

+USD 37

Volume

362,864

354,047

467,793

Exchange Rate: USD1=CNY6.47   

 

 

**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