LME Plastics: China's plastic demand seen stable

16 April 2008 10:34  [Source: ICIS news]

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

 

China’s plastics demand is expected to show stable growth this year as activities relating to the Beijing Olympic Games drive local consumption, and the environmental friendly plastics sector presents new business opportunities.

 

SABIC’s polypropylene (PP) output at Geleen in the Netherlands and Gelsenkirchen in Germany is back to normal after it sorted out some production hiccups. 

 

LME Plastics: prices

Date:	15 April
	PP
$ per tonne	Global	Asia	Europe	North America
Cash (B)	1,530	1,530	1,550	1,540
Cash (S)	1,550	1,550	1,570	1,560
May (B)	1,530	1,530	1,550	1,540
May (S)	1,550	1,550	1,570	1,560
June (B)	1,530	1,530	1,550	1,540
June (S)	1,550	1,550	1,570	1,560
	LLDPE
	Global	Asia	Europe	North America
Cash (B)	1,480	1,600	1,610	1,480
Cash (S)	1,500	1,620	1,620	1,500
May (B)	1,480	1,600	1,610	1,480
May (S)	1,500	1,620	1,620	1,500
June (B)	1,480	1,600	1,610	1,480
June (S)	1,500	1,620	1,620	1,500

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.

 

($1 = €0.63)

By: Staff Reporter
+44 20 8652 3214

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