NewsFlashEurope Nov toluene contract agreed at $580-585/tonne

18 November 2005 11:56  [Source: ICIS news]

LONDON (ICIS news)--The November European toluene contract price has been fully accepted at $580-585/tonne FOB NWE, down $110-240/tonne on October, buyers and sellers said on Friday.

The first November toluene contract settlement was reported on 11 November by a producer and consumer at $580/tonne free on board (FOB) Northwest Europe (NWE).

The toluene price drop was attributed to the continued erosion in gasoline and crude prices, as well as weak demand. 

By: Julia Meehan
+44 20 8652 3214

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