TITLE

Evolving successfully

AUTHOR(S)
Davis, Nigel
PUB. DATE
May 2006
SOURCE
Chemical Week;5/24/2006, Vol. 168 Issue 18, ps3
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the progress of the plastics futures contracts launched by London Metal Exchange (LME) in 2005. The futures contracts have become established trading vehicles for producers, converters and plastics purchasers alike. Brokers and industry veterans foresee steady growth as liquidity builds and more firms in plastics begin to use LME prices in their contracts as well as in hedging activity. Price risk management and a physical delivery mechanism have made more ground than initially expected.
ACCESSION #
20961216

 

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