28 October 2011 10:15 [Source: ICIS news]
January LLDPE, the most actively traded contract on the Dalian Commodity Exchange (DCE), closed at (yuan) CNY 9,545/tonne ($1,501/tonne), up CNY120/tonne from Thursday’s settlement price.
US crude for December delivery remained trading at above $93/bbl on Friday.
Some 2.74m tonnes of LLDPE, or 1.10m contracts for January delivery, were traded at the close of trade on Friday.
($1 = CNY6.36)
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