27 August 2013 17:14 [Source: ICIS news]
Integrated domestic PE margins were assessed at 63.92 cents/lb ($1,409 /tonne, €1,057/tonne) for LDPE and 54.54 cents/lb for high density polyethylene (HDPE) blow moulding in the week that ended 23 August. That represents a 0.41 cent/lb decrease on average for LDPE and 0.40 cent/lb decrease on average for HDPE from a week earlier, using ethane as a feedstock.
The PE margin increased based on a 3.4% increase in ethane feedstock costs. Co-product credits were relatively flat.
Integrated export margins for PE softened by about 0.41 cent/lb for LDPE because of the higher ethane costs. Export prices for PE were unchanged and co-product credits were down slightly.
($1 = €0.75)
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