Register with us today

and in less than 60 seconds continue your access to:Latest news headlinesAnalytical topics and featuresCommodities videos, podcast & blogsSample market prices & dataSpecial reportsSubscriber notes & daily commodity email alerts

Already have an account?

Log in to register

Forgot Password

Please Note: Platts Market Center subscribers can only reset passwords via the Platts Market Center

Enter your Email ID below and we will send you a link to reset your password.

  • Email Address* Please enter email address.

If you are a premium subscriber, we are unable to send you a link to reset password for security reasons. Please contact the Client Services team.

If you are a Platts Market Center subscriber, to reset your password go to the Platts Market Center to reset your password.

In this list

Nova Chemicals delays 5 cents/lb PE price increase until March

Agriculture | Energy | Coal | Electric Power | Natural Gas | Oil | Metals | Petrochemicals | Shipping

2020 US Elections

Petrochemicals | Olefins | Polymers

Platts Global Polyolefins Outlook

Oil | Crude Oil | Oil Risk | Petrochemicals | Aromatics | Olefins | Petrochemicals Risk | Polymers | Solvents & Intermediates

S&P Global Platts University London

Bunker Fuel | Oil | Refined Products | Fuel Oil | Gasoline | Jet Fuel | Naphtha | Shipping | Marine Fuels

FUJAIRAH DATA: Oil products stockpiles end longest slump on record

Nova Chemicals delays 5 cents/lb PE price increase until March

Houston — Nova Chemicals Corp. is delaying a previously announced price increase of 5 cents/lb for its US polyethylene prices, the company said in a letter to customers obtained Friday by S&P Global Platts.

Not registered?

Receive daily email alerts, subscriber notes & personalize your experience.

Register Now

The increase was meant to begin February 1 but is now delayed to implementation on March 1.

The company was not available for a comment Friday.

The price increase is an addition to a previously implemented increase of 4 cents/lb for all polyethylene resins, which began in January 2020.

Platts last assessed US LDPE at $937-$959/mt FAS Houston, US linear LDPE at $761-$783/mt FAS Houston and US high density PE blowmolding at $772-$794/mt FAS Houston.

Spot LDPE prices rose as offers remained scarce on the week and as supply tightened. LLDPE and HDPE blowmolding fell in the week ended Wednesday as market concerns grew from the worldwide spread of coronavirus.