IHS Chemical Week

World News and Views :: Top of the News

LME to Delist Plastics Contracts Because of Insufficient Volumes

9:10 AM MDT | October 20, 2010 | Natasha Alperowicz

The London Metal Exchange (LME) says it will delist all plastics contracts and that the last prompt date for all existing contracts will be Friday 29th April, 2011. The exchange has decided that the costs of withdrawing outstanding warrant from the LMEsword depository will be waived. Current open interest for all plastics contracts is 228 lots, out to March 2011, the LME says. Plastics futures trading was introduced on the LME on 27th May 2005, starting with linear low-density polyethylene and polypropylene. Despite a nubmer of changes to the contracts and the...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Not an IHS Chemical Week subscriber yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine a year in print or digital format
  • Real time news and analysis on chemweek.com 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now


contact us | about us | privacy policy | sitemap

ihsCopyright © IHS, Inc.All rights reserved.Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa