23 October 2012 10:57 [Source: ICIS news]
The LLDPE futures market has been fluctuating recently as major market players retreated to the sidelines, waiting for a clear sign of improvement in the global economy, the sources added.
January LLDPE futures, the most actively traded contract on the Dalian Commodity Exchange (DCE), closed at yuan (CNY) 10,225/tonne ($1,633/tonne), up by CNY40/tonne from the settlement price of CNY10,185/tonne on 22 October.
About 1.31m tonnes of LLDPE, or 524,940 contracts, for delivery in January 2013 were traded on Tuesday, according to DCE.
($1 = CNY6.26)
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