25 November 2011 08:27 [Source: ICIS news]
SINGAPORE (ICIS)--China’s linear low density polyethylene (LLDPE) futures rose by 0.3% on Friday as the market sentiment has warmed up slightly, industry sources said.
The change in sentiment is attributed to the easing of short-term bearish factors, such as the ongoing eurozone debt crisis.
May LLDPE futures, the most actively traded contract on the Dalian Commodity Exchange, closed at yuan (CNY) 9,365/tonne ($1,470/tonne) on Friday, up by CNY30/tonne from Thursday’s settlement price of CNY9,335/tonne.
($1 = CNY6.37)
For more on polyethylene, visit ICIS chemical intelligence
Please visit the complete ICIS plants and projects database
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.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections