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LME Prices - Europe

London Metal Exchange
Europe official prices
for April 15, 2011

Historical Pricing Data

  PP LLDPE
  US$/tonne US$/pound* US$/tonne US$/pound*
Cash & Settlement 1310 0.5942 1400 0.6350
April 2011 1310 0.5942 1400 0.6350
May 2011 1310 0.5942 1400 0.6350

* Rounded

LME is a futures exchange used primarily by industrial organizations to hedge raw materials pricing risk. Prices listed here are daily reference and closing prices and official monthly settlement prices published by LME.

For more information on the LLDPE contract visit the LME website:
http://www.lme.co.uk/linear_contractspec.asp

For more information on the PP contract visit the LME website:
http://www.lme.co.uk/poly_contractspec.asp

Beginning Feb. 15, 2010 LME plastics prices for polypropylene and linear low density polyethylene will use LMEselect, the exchanges's electronic trading platform.

Impact of the changes

  • Official prices will be available for Cash, Month 1 and Month 2
  • Pricing will reflect a volume-weighted average, a method widely used by other commodity markets
For more information visit www.lme.com/plastics/price_discovery.asp


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