Resin pricing - LME Global Contracts
| |
PP |
LLDPE |
| |
US$/tonne |
US$/pound* |
US$/tonne
| US$/pound* |
| Cash & Settlement
|
1200 |
0.5443 |
1210 |
0.5489 |
| March 2010
|
1190 |
0.5398 |
1210 |
0.5489 |
| April 2010
|
1190 |
0.5398 |
1210 |
0.5489 |
* Rounded
LME is a futures exchange used primarily by industrial organizations to
hedge raw materials pricing risk. Prices listed here are daily reference and closing
prices and official monthly settlement prices published by LME.
For more information, visit www.lme.com
Beginning Feb. 15, 2010 LME plastics prices for polypropylene and linear low density
polyethylene will use LMEselect, the exchanges's electronic trading platform.
Impact of the changes
- Official prices will be available for Cash, Month 1 and Month 2
- Pricing will reflect a volume-weighted average, a method widely used by
other commodity markets
For more information visit
www.lme.com/plastics/price_discovery.asp