Dalian Commodity Exchange: Linear Low-Density Polyethylene Trading Hits New Record Levels
Date 13/09/2010
Trading in LLDPE (linear low-density polyethylene) hit new record levels last week. Trading volume reached 1,256,478 contracts on Wednesday (Sep 8th), only to be surpassed again yesterday (Sep 9th) when trading volume reached 1,261,856 contracts. The previous record was set on July 15th of this year when 1,203,028 contracts were traded. LLDPE prices were down nearly 3% on Thursday, with the price of the active LLDPE contract (L1101) down CNY 305.