| RSS
Business center
Office
Post trade leads
Post
Rank promotion
Ranking
 
You are at: Home » News » internal »

ExxonMobil to increase US PE prices in March: letter

Increase font size  Decrease font size Date:2018-02-07   Views:388
ExxonMobil Chemical on Friday became the latest polyethylene producer to announce plans to raise US prices by 3 cents/lb in March, according to a letter to customers obtained by S&P Global Platts.

ExxonMobil's increase applies to all grades of polyethylene and is in addition to a 4-cent hike on the table for February. Equistar Chemicals and Dow Chemical also have communicated plans to customers to raise prices in March, according to letters obtained by S&P Global Platts.

Market participants have said there appears to be a good chance of the February increase being implemented, pointing to strong sales in the domestic market, firming spot prices and limited export resin availability as factors improving the likelihood.

S&P Global Platts last assessed US domestic PE contracts stable for January, with pricing rolling over from December. HDPE contracts were assessed at 65.5-66.5 cents/lb delivered rail-car basis for blowmolding and injection, while film closed at 68.5-69.5 cents/lb.

LLDPE butene contracts were assessed at 63.5-64.5 cents/lb and LDPE was at 75.5-76.5 cents/lb for delivered rail cars.
 
 
[ Search ]  [ ]  [ Email ]  [ Print ]  [ Close ]  [ Top ]

 
Total:0comment(s) [View All]  Related comment

 
Recomment
Popular
 
 
Home | About | Service | copyright | agreement | contact | about | SiteMap | Links | GuestBook | Ads service | 京ICP 68975478-1
Tel:+86-10-68645975           Fax:+86-10-68645973
E-mail:yaoshang68@163.com     QQ:1483838028