China’s LLDPE futures up 0.19% on technical rebound

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)

By: Angie Li
+65 6780 4359

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