.jpg)
As China's Sinopec Maoming Company has suspended production at all petrochemical units connected to two naphtha-fed steam crackers, which were set ablaze by lightning, the trading volume of LLDPE in DCE appeared a significant rise yesterday topping 100,000 contracts, a historic high ever since its listing.
Affected by the accident, the fluctuation of LLDPE was growing yesterday. The price showed significant advances after opening, up to 16575 yuan and a sharp decline to 16130 under the influence of liquidation of the profited, a differential of 445 yuan, and rose again in the afternoon. Ultimately, the price was increased by 45 yuan. DCE has achieved a trading volume of 102858 contracts for LLDPE yesterday with open interests of 19448 contracts, 2738 contracts more than the previous day.
