14 April 2014 16:12 [Source: ICIS news]
Integrated domestic PE margins were assessed at 70.83 cents/lb ($1,562/tonne) for LDPE and 61.68 cents/lb for high density polyethylene (HDPE) blow moulding for the week that ended 11 April. That represents a 0.45 cent/lb decrease on average for LDPE and a 0.43 cent/lb decrease for HDPE from a week earlier, using ethane as a feedstock.
Ethane costs rose by 3.3%, while co-product credits rose by 0.5% on higher C4 and pygas values, which partially counteracted the higher feedstock costs.
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