06 April 2011 21:45 [Source: ICIS news]
Pemex increased the price of high-density PE (HDPE) by 4%, while linear low-density PE ((LLDPE) and low-density PE (LDPE) prices went up by 3.5%.
The measure was applied also to match higher prices sought by distributors of imported product, who are seeking to increase prices by 2-6 cents/lb ($44-132/tonne, €31-92/tonne).
The Pemex increase is equivalent to 2.5-3.0 cents/lb. Although US producers and distributors selling in
Prior to this increase, LDPE prices in
Supply was normal in
$1 = €0.70
For more on polyethylene visit ICIS chemical intelligence
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