US LDPE margins essentially flat week on week

12 March 2013 14:23  [Source: ICIS news]

HOUSTON (ICIS)--US polyethylene (PE) margins for low density polyethylene (LDPE) were essentially flat from the previous week, the ICIS margin report showed on Tuesday.

Integrated domestic PE margins were assessed at 60.51 cents/lb ($1,334/tonne, €1,027/tonne) for LDPE and 52.65 cents/lb for high density polyethylene (HDPE) blow moulding in the week that ended on 8 March. That represents a 0.05 cent/lb decrease on average from a week earlier, using ethane as a feedstock.

Margins were essentially flat following a rollover of the LDPE contract price for February.

Last week's integrated contract PE margins were revised downwards following a lower settlement for March propylene contracts.

Integrated spot export LDPE margins fell by about 0.07 cents/lb with PE export prices flat.

 ($1 = €0.77)


By: Michelle Klump
+1 713 525 2653



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