13 May 2013 15:58 [Source: ICIS news]
Integrated domestic PE margins were assessed at 62.55 cents/lb ($1,379/tonne, €1,062/tonne) for LDPE and 51.23 cents/lb for high density polyethylene (HDPE) blow moulding in the week that ended on 10 May. That represents a 0.5 cent/lb increase on average from a week earlier, using ethane as a feedstock.
The margin improved based on a 3.9% decrease in ethane costs.
Integrated spot export LDPE margins rose by about 1.6 cents/lb, based on the decrease in ethane costs, as well as a 1 cent/lb increase in export prices.
($1 = €0.77)
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