US PC spot prices increase 9 cents/lb in April

02 May 2012 21:09  [Source: ICIS news]

HOUSTON (ICIS)--US polycarbonate (PC) spot prices increased by 9 cents/lb ($198/tonne, €151/tonne) in April, sources said on Wednesday.

Two out of three producers were successful in 90% of the price increases they sought in April, sources said.

The increases moved general purpose (GP) moulding and extrusion PC grades to $1.68-2.00/lb in bulk and $1.73-$2.05/lb for the same material in package grade from $1.68-1.91/lb and $1.73-1.96./lb, respectively, in March.

SABIC Performance Materials and Bayer MaterialScience had each sought price increases of 10 cents/lb, citing increased costs of feedstocks.

The third US PC producer, Styron, did not propose a price increase for April.

None of the producers have announced a price increase for May in the Americas.

One buyer said it anticipates an increase proposal to be announced in May.

($1 = €0.76)

By: Wesley Busch
+1 713 525 2653

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