03 September 2013 16:02 [Source: ICIS news]
Integrated domestic PE margins were assessed at 63.83 cents/lb ($1,407 /tonne, €1,069/tonne) for LDPE and 54.46 cents/lb for high density polyethylene (HDPE) blow moulding in the week that ended 30 August. That represents a 0.09 cent/lb decrease on average for LDPE and 0.08 cent/lb increase on average for HDPE from a week earlier, using ethane as a feedstock.
The PE margin increased based on a 1.4% increase in ethane feedstock costs. The increase outweighed a 2.5% rise in co-product credits.
Integrated export margins for PE slipped by about 0.09 cents/lb for LDPE.
($1 = €0.76)
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