INTERACTIVE: Global IPEX for May 2018 up 1.5% month on month at 275.85
ICIS Editorial
06-Jun-2018
(recasts, making clear the Northeast Asia IPEX was up)
LONDON (ICIS)–Global IPEX for May 2018 up 1.5% month on month at 275.85, up 13.8% year on year
US IPEX up 0.9% at 265.16
Northwest Europe IPEX down 2.8% at 310.42
Northeast Asia IPEX up 4.0% at 267.54
Major price increases this month | ||
Commodity | Region | Month on month change |
Butadiene | Northeast Asia | +24.4% |
Propylene | US | +10.9% |
Butadiene | US | +7.9% |
Major price decreases this month | ||
Commodity | Region | Month on month change |
Styrene | Northwest Europe | -6.3% |
Ethylene | Northeast Asia | -5.9% |
Polystyrene | Northwest Europe | -5.6% |
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, US PP and US styrene have not yet settled for May.
Global and regional IPEX data are available
here
The ICIS
Petrochemical Index methodology is available
here
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