Resin pricing - LME Global Contracts
| |
PP |
LLDPE |
| |
US$/tonne |
US$/pound* |
US$/tonne
| US$/pound* |
| Cash Buyer
|
1110 |
0.5035 |
1170 |
0.5307 |
| Cash Seller & Settlement
|
1103 |
0.5003 |
1190 |
0.5398 |
| February 2010 buyer
|
1100 |
0.4990 |
1160 |
0.5262 |
| February 2010 seller
|
1120 |
0.5080 |
1180 |
0.5352 |
| March 2010 buyer
|
1090 |
0.4944 |
1150 |
0.5216 |
| March 2010 seller
|
1110 |
0.5035 |
1170 |
0.5307 |
* 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