19 December 2011 08:56 [Source: ICIS news]
SINGAPORE (ICIS)--China’s linear low density polyethylene (LLDPE) futures rose by 0.2% on Monday as market sentiment has warmed slightly, easing the impact of short-term bearish factors such as the ongoing eurozone debt crisis, industry sources said.
May LLDPE futures, the most actively traded contract on the Dalian Commodity Exchange (DCE), closed at yuan (CNY) 9,250/tonne ($1,457/tonne) on Monday, up by CNY25/tonne from the settlement price on 16 December.
About 2.32m tonnes, or 0.93m May contracts, were traded on Monday, DCE data showed.
($1 = CNY6.35)
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.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections