17 September 2008 16:56 [Source: ICIS news]
LONDON (ICIS news)--Initial Europe fourth-quarter and October-November bi-monthly ethylene contracts were settled down €63/tonne ($89/tonne) on Wednesday on supply length and lower feedstock costs, said a producer.
Both the bi-monthly and fourth-quarter contracts were agreed at €1,165/tonne FD (free delivered) NWE (northwest Europe).
Immediate confirmation from the consumer was not possible.
($1 = €0.71)
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