Price quotations for plastics on the
London Metal Exchange (LME)

The London Metal Exchange (LME) provides a total of eight futures for the plastics polypropylene (PP), polyethylene (PE-LLD). One global and three regional contracts for Europe, Asia and North America.
Here plasticker publishes the respective daily closing prices for the previous day.
The data are provided by vwd Vereinigte Wirtschaftsdienste AG.

For basic explanations on the LME and futures trading as well as additional information on materials specifications, details of price formation etc. please refer to the FAQ of the LME.

LME prices on:

2010-09-01
2010-08-31
2010-08-27
2010-08-26
2010-08-25

Previous prices:

Here you will find a commentary on the LME prices quoted on 2010-09-01 here: MFGlobal Daily Commentary

The LME regularly runs introductory seminars on the futures trade in plastics:

  "Introduction to the LME"
  "Introduction to Hedging with Futures"

The prices of PP and PE-LLD quoted on the LME on 2010-09-01
(change compared to the previous day in brackets)

Quote prices in:  US$/to    EUR/to1

1. Polypropylen (PP)2

US$/to Europe Asia North-
America
Global
Cash &
Settlement
1.290 (0) 1.240 (0) 1.480 (0) 1.240 (0)
September 1.240 (0)1.290 (+50)1.485 (+245)1.240 (0)
Oktober 1.290 (0)1.240 (0)1.475 (0)1.240 (0)

2. Polyethylen (PE-LLD)2

US$/to Europe Asia North-
America
Global
Cash &
Settlement
1.400 (0) 1.350 (0) 1.130 (0) 1.130 (0)
September 1.130 (0)
Oktober 1.400 (0)1.360 (0)1.100 (0)1.100 (0)
1Officially, LME prices are exclusively quoted in US-$. Currency conversion is based on the Euro foreign exchange reference rate, as published by the European Central Bank on 01.09.2010: 1 € = 1.28 $. (The Euro foreign exchange reference rates are set on the basis of a daily concertation procedure between the central banks, which takes place at 2.15 pm).

2For information on specifications please refer to the LME.

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21266 Jesteburg, Germany

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58239 Schwerte (Westhofen), Germany

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