LME Plastics: Europe LLDPE contracts up $15-20

11 October 2007 14:48  [Source: ICIS news]

LONDON (ICIS news)--Plastics futures prices from the London Metal Exchange are given in the table below. Further details and comparisons with price data published earlier are available directly from the Exchange. The LME site requires free user log-in.

 

LME Plastics: prices

 

Date:	Oct 11
	PP
$ per tonne	Global	Asia	Europe	North America
Cash (B)	1,290	1,316	1,570	1,290
Cash (S)	1,310	1,330	1,595	1,310
Oct (B)	1,290	1,315	1,570	1,290
Oct (S)	1,310	1,335	1,600	1,310
Nov (B)	1,290	1,320	1,580	1,290
Nov (S)	1,310	1,340	1,610	1,310
	LLDPE
	Global	Asia	Europe	North America
Cash (B)	1,255	1,300	1,430	1,255
Cash (S)	1,275	1,335	1,455	1,275
Oct (B)	1,255	1,300	1,430	1,255
Oct (S)	1,275	1,335	1,450	1,275
Nov (B)	1,255	1,300	1,430	1,255
Nov (S)	1,275	1,335	1,450	1,275

 

B = Buyers

S = Sellers

 

 

In physical markets, European naphtha spot indications reached levels as high as $730/tonne (€514/tonne) CIF (cost, insurance and freight) NWE (northwest Europe) due to ongoing crude strength, traders said on Thursday.

 

While market sources said that spot European chemical grade propylene (C3) prices were under downward pressure due to low buying interest from end users.

 

($1 = €0.71)

By: Staff Reporter
+44 20 8652 3214

< previous article(ICIS Chemical Business podcast November 2, 2009)

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