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)
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