LME Plastics: Indian producers raise PP prices

02 April 2008 09:54  [Source: ICIS news]

LONDON (ICIS news)--Global and regional plastics futures prices from the London Metal Exchange are given in the table below. 

 

Indian producers have raised domestic prices of polypropylene (PP) and polyvinyl chloride (PVC) for April cargoes by up to 3.9% from March levels on rising naphtha feedstock costs.

 

Saudi Polyolefins will set up a new PP plant in Al-Jubail, instead of expanding the capacity of its existing unit.

 

LME Plastics: prices

 

Date:	April 1
	PP
$ per tonne	Global	Asia	Europe	North America
Cash (B)	1,465	1,465	1,550	1,485
Cash (S)	1,480	1,480	1,570	1,505
April (B)	1,465	1,465	1,550	1,485
April (S)	1,480	1,480	1,570	1,505
May (B)	1,465	1,465	1,550	1,485
May (S)	1,480	1,480	1,570	1,505
	LLDPE
	Global	Asia	Europe	North America
Cash (B)	1,430	1,600	1,610	1,450
Cash (S)	1,450	1,620	1,620	1,460
April (B)	1,430	1,600	1,610	1,450
April (S)	1,450	1,620	1,620	1,460
May (B)	1,430	1,600	1,610	1,450
May (S)	1,450	1,620	1,620	1,460

 

B = Buyers

S = Sellers

 

Further details and comparisons with price data published earlier are available directly from the exchange. The LME site requires free user log-in.

By: Staff Reporter
+44 20 8652 3214

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