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.
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections