US PE contract margins decrease on higher feedstock prices
Ron Coifman
23-May-2016
HOUSTON (ICIS)–Integrated contract margins (ethane) for US low-density polyethylene (LDPE) decreased by 0.3% for the week ending 20 May 2016 on the back of higher ethane prices, the ICIS margin report showed on Monday.
Integrated high-density PE (HDPE) margins also decreased by 0.3%.
Integrated spot margins (ethane) for LDPE and HDPE decreased by 0.4% on the back of higher ethane prices.
Integrated contract margins (naphtha) for US LDPE decreased by 3.2%, while integrated contract margins for US HDPE decreased by 4.1% on higher naphtha values.
Integrated spot margins (naphtha) for US LDPE and HDPE decreased by 5.0 % and 5.7%, respectively, as naphtha values increased.
Standalone US LDPE and HDPE contract margins increased. Standalone US LDPE and HDPE spot margins also increased.
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