30 September 2013 20:35 [Source: ICIS news]
Integrated domestic PE margins were assessed at 64.30 cents/lb ($1,418/tonne, €1,049/tonne) for LDPE and 54.94 cents/lb for high density polyethylene (HDPE) blow moulding in the week that ended 27 September. That represents a 0.34 cent/lb increase on average for LDPE and 0.32 cent/lb increase on average for HDPE from a week earlier, using ethane as a feedstock.
The PE margin increased due to a 2.5% fall in ethane feedstock costs. Co-product credits were unchanged.
Integrated LDPE export margins rose by 0.33 cents/lb for LDPE on lower feedstock costs. Export PE prices were unchanged, and co-product credits were flat.
($1 = €0.74)
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