30 October 2012 09:39 [Source: ICIS news]
January 2013 LLDPE futures, the most actively traded contract on the Dalian Commodity Exchange (DCE), closed at yuan (CNY) 10,055/tonne ($1,611/tonne), up by CNY35/tonne from Monday’s settlement price of CNY10,020/tonne.
Around 1.08m tonnes of LLDPE, or 433,834 contracts, were traded for delivery in January 2013, according to the DCE data.
The People’s Bank of China pumped a record CNY395bn into the financial system on Tuesday via reverse repurchase bond agreements.
($1 = CNY6.24)
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