IHS Chemical Week

Regions :: Western Europe :: U.K.

LME Works to Brighten PP, LLDPE Futures

10:07 AM MDT | August 21, 2009

The London Metal Exchange (LME; London) continues efforts to broaden adoption of plastics futures, and brokers say there have been some recent signs of improvement. Markets in energy, metals, and agricultural commodities have established futures and options markets that are widely traded, but the plastics industry has been a slow adopter so far. Volumes remain relatively low compared to other products, and LME and key financial intermediaries are using training courses and workshops to increase awareness and comfort with trading. PLASTICS: Managing pricing risks...

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