16 February 2012 10:29 [Source: ICIS news]
LLDPE was selling at yuan (CNY) 9,650-9,900/tonne ($1,532-1,571/tonne) EXWH (ex-warehouse) on 16 February, down by CNY50/tonne from Wednesday’s close, according to Chemease, an ICIS service in
At the Dalian Commodity Exchange (DCE), the most actively traded May LLDPE futures contract closed 2.11% lower at CNY9,985/tonne.
Concerns about an economic recession in the eurozone weighed down on sentiment in the futures markets, local distributors said.
But some traders in north
($1 = CNY6.30)
Additional reporting by Angie Li, Rain Dong, Lizzie Yu
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