11 January 2013 09:03 [Source: ICIS news]
SINGAPORE (ICIS)--China’s linear low density polyethylene (LLDPE) futures declined by 1.5% on Friday, tracking losses in the Chinese stock market, industry sources said.
May 2013 LLDPE futures – the most actively traded contract on the Dalian Commodity Exchange (DCE) – closed at yuan (CNY) 10,570/tonne ($1,697/tonne), down by CNY160/tonne from Thursday's settlement price of CNY10,730/tonne.
Around 1.19m tonnes of LLDPE or 474,256 contracts for delivery in May 2013 were traded on Friday, according to the DCE data.
The Shanghai Stock Exchange Composite Index fell by 40.66 points, or 1.78%, to close at 2,243.00 points.
($1 = CNY6.23)
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