LME delays introduction of plastic futures

The delay has been caused by the need for further consultation with industry. Craig Hewett, head of marketing at the exchange, said the LME was involved in talks with many companies from all over the world, and these are taking longer than anticipated. He stressed the exchange still plans to release the contracts.

The LME’s planned futures will be for two classes of plastics, polypropylene and linear low-density polyethylene. More classes of plastic could be included later if the contracts prove popular.

The plastics industry has been valued at approximately $120 billion.

  • LinkedIn  
  • Save this article
  • Print this page  

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: