The London Metal Exchange has announced official PP and LLDPE prices as follows:
PP LLDPE
September Buyer 948 948
September Seller 952 950
October Buyer 948 948
October Seller 953 953
November Buyer 948 948
November Seller 958 958
*Prices calculated at $/tonne
Notes:
The build-up to 15 tradable months will take place from June to August. Thus the tradable months will run from September 2005 to November 2006 in August.
The Settlement Price for September 2005 futures contracts will be established from the Official Sellers Price established at the close of the 12.20 - 12.25 ring session on 31 August.
LME prices are future prices. Therefore they do not include delivery charges (such as FOB or CIF) and other costs typically included in supplier-customer contracts.
14-Jun-05 
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