LME Prices

LME is a futures exchange used primarily by industrial organizations to hedge raw materials pricing risk. Plastics futures contracts traded on LME are standardized agreements to buy or sell a set amount of a product at a pre-agreed price on a pre-agreed date. 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

• LyondellBasell considers Chapter 11 2 January 2009
• Poor cash flow spells disaster for food packaging firm 5 January 2009
• Sartor signs preliminary agreement to buy Ineos Vinyls Italia 5 January 2009
• Dow pursues claims against Kuwait’s PIC 6 January 2009
• PET bottle maker Constar files for Chapter 11 2 January 2009

• BASF takes drastic action and shuts 80 plants (Update) 19 November 2008
• LyondellBasell considers Chapter 11 2 January 2009
• Sabic IP cuts output of engineering plastics 6 November 2008
• Ineos seeks bank waiver as customers destock 18 November 2008
• RPC drastic action for financial security 30 September 2008