02 March 2012 09:46 [Source: ICIS news]
Brent crude oil price closed on 1 March higher by 2.89% from 29 February.
May LLDPE futures, the most actively traded contract on the Dalian Commodity Exchange (DCE), closed at yuan (CNY) 10,525/tonne ($1,671/tonne) on 2 March, up by CNY110/tonne from the settlement price at CNY10,415/tonne on 1 March.
Around 1.58m tonnes of LLDPE, or 633,646 contracts, for delivery in May were traded, according to the DCE data.
($1 = CNY6.30)
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)|
Asian Chemical Connections