Resin Pricing - LME Asia
| |
PP |
LLDPE |
| |
US$/tonne |
US$/pound* |
US$/tonne
| US$/pound* |
| Cash Buyer
|
1190 |
0.5398 |
1320 |
0.5987 |
| Cash Seller & Settlement
|
1210 |
0.5489 |
1340 |
0.6078 |
| February 2010 buyer
|
1190 |
0.5398 |
1320 |
0.5987 |
| February 2010 seller
|
1210 |
0.5489 |
1340 |
0.6078 |
| March 2010 buyer
|
1190 |
0.5398 |
1320 |
0.5987 |
| March 2010 seller
|
1210 |
0.5489 |
1340 |
0.6078 |
* Rounded
LME is a futures exchange used primarily by industrial organizations to
hedge raw materials pricing risk. Plastics futures contracts traded on LME
are standardized agreements to buy or sell a set amount of a product at a
pre-agreed price on a pre-agreed date. Prices listed here are daily reference
and closing prices and official monthly settlement prices published by LME.
For more information, visit www.lme.com