Colombia’s LDPE prices decline by 0.36% in January

09 January 2012 21:17  [Source: ICIS news]

HOUSTON (ICIS)--Ecopetrol, the sole polyethylene (PE) producer in Colombia, reduced low density PE (LDPE) prices by 0.36% in January, the second consecutive monthly drop amounting to less than 0.5%, local sources said on Monday.

LDPE is the only grade of PE produced in Colombia. Imported PE regularly enters the country to cover the shortages.

In December, prices were reduced by 0.12% to keep local production competitive with imports.

Domestic high-volume customers could pay Colombian pesos (Ps) 3,244/kg ($1,723/tonne, €1,361/tonne) FOT (free on truck), while small-volume clients could pay nearly Ps3,570/kg FOT, according to local sources.

($1 = €0.79)
($1 = Ps1,883)

For more on PE visit ICIS chemical intelligence

By: George Martin
+1 713 525 2653

AddThis Social Bookmark Button

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