LME Plastics: Asia naphtha hits news highs

23 April 2008 08:34  [Source: ICIS news]

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

 

Asian naphtha continues to break new record highs for a second half of June contract as crude retains its upward streak, while a US producer has nominated a $110/tonne hike in May chemical-grade propylene prices.

 

LME Plastics: prices

 

Date:	22 April
	PP
$ per tonne	Global	Asia	Europe	North America
Cash (B)	1,510	1,510	1,520	1,560
Cash (S)	1,530	1,530	1,540	1,580
May (B)	1,510	1,510	1,520	1,560
May (S)	1,530	1,530	1,540	1,580
June (B)	1,510	1,510	1,520	1,560
June (S)	1,530	1,530	1,540	1,580
	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.

By: Mark Watts
+44 20 8652 3214

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