IHS Chemical Week

March polymer contracts settle higher

1:21 PM MDT | April 23, 2013 | Lindsay Frost

Late-month March contract settlements in Europe are notable in two ways, market watchers report. One is that they are uniformly higher, but the other is that the improvements are nominal, ranging from €10/m.t. ($13) for linear low-density polyethylene (LLDPE) and homopolymer polypropylene (PP) to €30/m.t. for all types of polystyrene (PS). Without a clear signal from export markets, spot transactions in North America were said to be highly mixed. Low-density polyethylene (PE) was off $70/m.t., but LLDPE ticked higher by $20/m.t. High-density...

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