Correction: In the ICIS news story headlined "INTERACTIVE: Global IPEX down 0.64% month on month in April", dated 8 May 2018, please read in the table that styrene and polyethylene increased in price, rather than decreased as originally stated. A corrected story follows.
-Global IPEX for April 2018 down 0.64% month on month at 272.05 -US IPEX down 0.25% at 263.31 -Northwest Europe IPEX down 1.66% at 319.46 -Northeast Asia IPEX down 0.34% at 257.59Major price increases this month Commodity Region Month on month change Butadiene US +7.7% Butadiene Northwest Europe +8.0% Styrene Northeast Asia +1.6% Polyethylene Northeast Asia +0.4% Major price decreases this month Commodity Region Month on month change Propylene US -2.1% Benzene Northeast Asia -1.7%
The ICIS petrochemical index tracks the movement of 12 major petrochemicals and polymers: ethylene, propylene, butadiene, benzene, toluene, paraxylene (PX), polyethylene (PE), polypropylene (PP), styrene, polystyrene (PS), methanol and polyvinyl chloride (PVC) with the regional indexes weighted by capacity.
The index values are subject to change as contract prices settle. Asia PX, US LDPE and US ethylene have not yet settled.