28 September 2012 19:54 [Source: ICIS news]
HOUSTON (ICIS)--US polyethylene (PE) contract prices for September were assessed on Friday as mostly flat, with only a few producers implementing a 2 cent/lb ($44/tonne, €34/tonne) price increase to bring them in line with the rest of the PE market, sources said.
Those producers had implemented a 3 cent/lb increase in August, while the rest of the PE market had implemented a full 5 cent/lb increase in August.
With the September settlement, current prices for linear low density polyethylene (LLDPE) butene film were at 67-70 cents/lb DEL (delivered), low density polyethylene (LDPE) film prices were at 76-79 cents/lb DEL, and high density polyethylene (HDPE) blow moulding prices were at 65-68 cents/lb DEL, for small volume buyers, as assessed by ICIS.
Major US PE producers include Chevron Phillips Chemical, LyondellBasell, Dow Chemical, ExxonMobil, Westlake, INEOS, NOVA Chemicals, Total Petrochemicals and Formosa Plastics.
($1 = €0.77)
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