US LDPE margins fall by 0.27% on higher feedstock costs

Michelle Klump

28-Apr-2014

HOUSTON (ICIS)–US polyethylene (PE) margins for low density polyethylene (LDPE) fell by 0.27%, following a rise in feedstock ethane costs, the ICIS margin report showed on Monday.

Integrated domestic PE margins were assessed at 70.48 cents/lb ($1,554/tonne) for LDPE and 61.25 cents/lb for high density polyethylene (HDPE) blow moulding in the week that ended on 25 April. That represents a 0.19 cent/lb decrease on average for LDPE and a 0.17 cent/lb decrease on average for HDPE, from a week earlier, using ethane as a feedstock.

Ethane costs rose by 0.7% . The margin was also lowered on a 1.4% reduction in co-product credits and slightly higher energy costs.  

Co-product credits are the price at which products such as propylene, butadiene (BD) and benzene, which are made along with ethylene in the cracking process, can be sold.

READ MORE

Global News + ICIS Chemical Business (ICB)

See the full picture, with unlimited access to ICIS chemicals news across all markets and regions, plus ICB, the industry-leading magazine for the chemicals industry.

Contact us

Now, more than ever, dynamic insights are key to navigating complex, volatile commodity markets. Access to expert insights on the latest industry developments and tracking market changes are vital in making sustainable business decisions.

Want to learn about how we can work together to bring you actionable insight and support your business decisions?

Need Help?

Need Help?