TITLE

LME futures contracts set to tame PP, PE rollercoaster

AUTHOR(S)
Tong, Alfred
PUB. DATE
May 2005
SOURCE
Asian Chemical News;5/30/2005, Vol. 11 Issue 492, p8
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports on the global futures contracts for polypropylene (PP) and linear low-density polyethylene (LLDPE) that were launched by London Metal Exchange (LME) in England on June 3, 2005. Number of PP and LLDPE producers that participated in the contracts; Aspect of the chemical industry that LME is up against with; Involvement of plastics supply chain players in creating the contract.
ACCESSION #
17500778

 

Related Articles

  • New LME contracts.  // Packaging Magazine;5/19/2005, Vol. 8 Issue 10, p22 

    The article reports that the London Metal Exchange Ltd. (LME) will launch global futures contracts for polypropylene and linear low-density polyethylene on May 27, 2005. The contracts will enable the plastics industry to hedge against volatile polymer prices for the first time. The LME has...

  • LME sets out to tame the rollercoaster ride. Baker, John // European Chemical News;5/30/2005, Vol. 82 Issue 2149, p5 

    Discusses the global futures contracts launched by London Metal Exchange (LME) for polypropylene and linear low density polyethylene in England in May 2005. Rejection of several chemical producers on the contracts; Opposition of LME on the perception of the chemical industry on grade...

  • LME gives futures boost. Gibson, Jane // ICIS Chemical Business;2/12/2007, Vol. 2 Issue 53, p6 

    The article reports on the plan of the London Metal Exchange (LME) to introduce three regional contracts for polypropylene and linear low density polyethylene and additional prompt dates to its plastics exchange to boost interest in the futures contracts. According to Neff Banks, director of...

  • An encouraging year. Banks, Neil // Chemical Week;5/24/2006, Vol. 168 Issue 18, ps2 

    The article presents an update on the first futures contracts for plastics, polypropylene and linear low density polyethylene launched by London Metal Exchange on May 27, 2005. The contract was designed to help the global plastics industry manage increasing price volatility and to provide a...

  • LME to add North American, European, Asian contracts. Esposito, Frank // Plastics News;2/12/2007, Vol. 18 Issue 50, p7 

    The article reports on the changes in plastic futures contracts of the London Metal Exchange Ltd. (LME) in 2007. LME will offer separate North American, European and Asian contracts for polypropylene and linear low density polyethylene starting June 25. It will also add plastic contracts with...

  • LME scrapping plastics futures. Esposito, Frank // Plastics News;10/25/2010, Vol. 22 Issue 33, p3 

    The article informs that the London Metal Exchange (LME) is terminating its plastics futures contracts. Officials at LME said that April 29, 2011 would be the last prompt dates for all existing contracts for specified grades of polypropylene and linear low density polyethylene. Martin Abbott,...

  • LME adds grades. Gibson, Jane // European Chemical News;8/1/2005, Vol. 83 Issue 2158, p12 

    Reports that London Metal Exchange approved two more warehouses in Baton Rouge, Louisiana for its plastics contracts. Total number of the company's warehouses in the U.S.; Plan of the company to add brand listings for polypropylene and linear low density polyethylene.

  • LME may add LLDPE grade.  // Plastics News;4/13/2009, Vol. 21 Issue 6, p9 

    The article informs that the London Metal Exchange Ltd. (LME) is planning to expand its futures program by the end of 2009 to include an additional grade of linear low density polyethylene (LLDPE). LME offers futures contracts on a single grade of LLDPE and three grades of polypropylene....

  • Green light is likely for PET futures soon. Gibson, Jane // ICIS Chemical Business;1/9/2006, Vol. 1 Issue 1, p35 

    The article reports that advisers to the London Metal Exchange (LME) are discussing the launch of a polyethylene terephthalate (PET) futures contract by the second quarter of 2006. According to an LME source, the LME has agreed tentatively to the PET specification which will be discussed at a...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics