Resin Pricing - LME Asia
| |
PP |
LLDPE |
| |
US$/tonne |
US$/pound* |
US$/tonne
| US$/pound* |
| Cash Buyer
|
1030 |
0.4672 |
1125 |
0.5103 |
| Cash Seller & Settlement
|
1050 |
0.4763 |
1145 |
0.5194 |
| December 2009 buyer
|
1030 |
0.4672 |
1125 |
0.5103 |
| December 2009 seller
|
1050 |
0.4763 |
1145 |
0.5194 |
| January 2010 buyer
|
1030 |
0.4672 |
1125 |
0.5103 |
| January 2010 seller
|
1050 |
0.4763 |
1145 |
0.5194 |
* 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