INTERACTIVE: Global IPEX for May 2018 up 1.5% month on month at 275.85

(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