LME Plastics: Major Russia project approved

21 April 2008 14:47  [Source: ICIS news]

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

 

Saudi Ethylene & Polyethylene Co (SEPC) has secured Saudi riyals (SR) 1.5bn ($401m) in project finance from the Saudi Public Investment Fund, the Sahara Petrochemical subsidiary said in statement.

 

Russia's Taneko has approved a project outline by Russia's VNIPIneft to build a major petrochemical complex in Nizhnekamsk with 24 licensed production facilities, the Tatneft subsidiary said in a statement Monday.

 

LME Plastics: prices

 

Date:	18 April
	PP
$ per tonne	Global	Asia	Europe	North America
Cash (B)	1,510	1,510	1,550	1,550
Cash (S)	1,530	1,530	1,570	1,570
May (B)	1,510	1,510	1,550	1,550
May (S)	1,530	1,530	1,570	1,570
June (B)	1,510	1,510	1,550	1,550
June (S)	1,530	1,530	1,570	1,570
	LLDPE
	Global	Asia	Europe	North America
Cash (B)	1,480	1,610	1,610	1,480
Cash (S)	1,500	1,630	1,620	1,500
May (B)	1,480	1,610	1,610	1,480
May (S)	1,500	1,630	1,620	1,500
June (B)	1,480	1,610	1,610	1,480
June (S)	1,500	1,630	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

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly