10 January 2013 08:53 [Source: ICIS news]
SINGAPORE (ICIS)--China’s linear low density polyethylene (LLDPE) futures rose by 0.19% on the back of a technical rebound on Thursday, industry sources said.
May 2013 LLDPE futures, the most actively traded contract on the Dalian Commodity Exchange (DCE), closed at yuan (CNY) 10,735/tonne ($1,724/tonne), up by CNY20/tonne from Wednesday’s price at CNY10,715/tonne.
Around 658,080 tonnes of LLDPE or 263,232 contracts for delivery in May 2013 were traded on 10 January, according to the DCE data.
($1 = CNY6.22)
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