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US ethylene derivative prices too high for spot exports

from Platts

The primary ethylene derivatives PE, PVC, MEG and styrene are unworkable on the spot market as U.S. prices are too high to sell into regional import markets, sources said. "There's nothing from the US that works," a polyethylene trader said. In polyethylene, traders said they would need at most a price in the mid-60's cents/lb in railcars for blow molding and at most 68 cents/lb FAS Houston for LLDPE to try and attract South American buyers' attention. more

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