NewsFlash1st Europe July toluene contract up $16
05 July 2006 14:56 [Source: ICIS news]
LONDON (ICIS news)--The first July toluene contract price was agreed at $944/tonne, an increase of $16/tonne from June, a major producer said on Wednesday.
The July contract price was agreed on a free on board (FOB) Northwest (NWE) basis.
“We agreed the July contract price with a major consumer on Monday at $944/tonne,” said the producer. “At the time of contract negotiations July spot toluene was valued at $935-950/tonne.”
On Wednesday, the toluene spot market was valued at $900-940/tonne free on board (FOB)
By: Julia Meehan
+44 20 8652 3214
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