Since mid-November, along with major fluctuations of international crude oil prices, DCE LLDPE futures also performed magnificent market fluctuations, and the volume hit new highs repeatedly. On 2 December, LLDPE turnover volume broke through 1.1million contracts, and reached 1?119?094 contracts, with an open interest of nearly 100 thousand contracts, becoming the largest trading product on that day in DCE.
LLDPE main contract 901 reached a turnover of 1,060,000 contracts yesterday following the Nov. 28 one-million breakthrough. Despite it suffered major up-and-downs, the trend of prices has been much concerning investors. Compared with other mature varieties, instead of pressed in a negative position, LLDPE in recent gained a favorable position.
