04 June 2009 16:51 [Source: ICIS news]
HOUSTON (ICIS news)--Mexico’s sole polyethylene (PE) producer Pemex this week increased prices 5-10%, depending on grade, a company distributor said on Thursday.
Price increases from the local producer are seldom challenged in ?xml:namespace>
Pemex’s steepest increase was for high density PE (HDPE) material, which went up 10%. This material was in short supply.
Increases for different grades of low density PE (LDPE) varied from 5% to 7%, the distributor said. Linear low density PE material (LLDPE) prices went up by 6.5%.
Imported PE prices in
Prior to the increase, the price of LDPE in
Imported polypropylene had the steepest increase at 14.17%, following June contract nominations for feedstock propylene heard last week in benchmark
Demand was recovering in
$1 = €0.71For more on polyethylene visit ICIS chemical intelligence
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