China LLDPE futures fall again on eurozone debt concerns
11 November 2011 12:07 [Source: ICIS news]
SINGAPORE (ICIS)--?xml:namespace>China’s linear low density polyethylene (LLDPE) futures fell by 1.3% on Friday on lingering concerns over the eurozone sovereign debt crisis, industry sources said.
May LLDPE futures, the most actively traded contract on the Dalian Commodity Exchange, closed at (CNY) 9,570/tonne ($1,507/tonne) on Friday, down by CNY130/tonne from Thursday’s settlement price.
China’s LLDPE futures fell by 5% on Thursday.
About 4.7m tonnes, or 1,898,730 May contracts, were traded on Friday, data showed.
($1 = CNY6.35)
For more on LLDPE visit ICIS chemical intelligence By: Chow Bee Lin+65 6780 4359
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial
to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free
trial to ICIS Chemical Business.