10 September 2013 15:58 [Source: ICIS news]
Integrated domestic PE margins were assessed at 63.72 cents/lb ($1,405 /tonne, €1,054/tonne) for LDPE and 54.36 cents/lb for high density polyethylene (HDPE) blow moulding in the week that ended 6 September. That represents a 0.11 cent/lb decrease on average for LDPE and 0.10 cent/lb decrease on average for HDPE from a week earlier, using ethane as a feedstock.
The PE margin decrease based on a 0.4% increase in ethane feedstock costs. The increase outweighed a 0.7% fall in co-product credits.
Integrated export margins for PE fell by 0.15 cents/lb for LDPE on the higher ethane costs and a 1.7% fall in co-product credits.
($1 = €0.75)
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