LME Plastics: Dow and Kuwait's PIC in $11bn JV
13 December 2007 15:15 [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.
|
Date: |
Dec 13 |
|
|
|
|
|
PP |
|
|
|
|
$ per tonne |
Global |
|
|
|
|
Cash (B) |
1,360 |
1,370 |
1,570 |
1,440 |
|
Cash (S) |
1,375 |
1,380 |
1,590 |
1,470 |
|
Dec (B) |
1,360 |
1,370 |
1,575 |
1,440 |
|
Dec (S) |
1,375 |
1,380 |
1,600 |
1,470 |
|
Jan (B) |
1,360 |
1,370 |
1,570 |
1,440 |
|
Jan (S) |
1,375 |
1,380 |
1,610 |
1,470 |
|
|
|
|
|
|
|
|
LLDPE |
|
|
|
|
|
Global |
|
|
|
|
Cash (B) |
1,355 |
1,475 |
1,470 |
1,355 |
|
Cash (S) |
1,375 |
1,495 |
1,490 |
1,375 |
|
Dec (B) |
1,355 |
1,475 |
1,470 |
1,355 |
|
Dec (S) |
1,375 |
1,495 |
1,490 |
1,375 |
|
Jan (B) |
1,355 |
1,475 |
1,470 |
1,355 |
|
Jan (S) |
1,375 |
1,495 |
1,490 |
1,375 |
B = Buyers
S = Sellers
In cash markets, Dow has decided to place its polyethylene, polypropylene and polycarbonate businesses in a joint venture with
Meanwhile, the Olefins II joint venture project of PIC and Dow Chemical is expected to start up commercially in August next year, a PIC company official said on Thursday.
Sinopec will cut 50,000 tonnes of ethylene production in December from five of its crackers to comply with a recent government directive to divert naphtha for gasoline usage, sources close to the company said on Thursday.
By: Staff Reporter
+44 20 8652 3214
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