18 January 2006 21:51 [Source: ICIS news]
The list price is effective immediately and is valid through 31 January, when prices of raw materials may change, a DuPont source said. A new price will be issued each month, reflecting the change of all variables involved.
DuPont will tell customers that the price was set through a transparent procedure, taking in consideration the price or raw materials or ingredients price plus a premium of 10.5 cents/pound to cover for variable costs and company profit, the DuPont source said. It was not clear if customers would accept the set price.
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