NewsFlashUS MMA acetone settles lower

25 September 2008 17:31  [Source: ICIS news]

HOUSTON (ICIS news)--Two US suppliers settled the September large-buyer acetone contract with a methyl methacrylate (MMA) producer at 63 cents/lb ($1,389/tonne, €945/tonne), down 12 % from the August contract, the participants said on Thursday.

The August contract was settled at 71.5 cents/lb, according to data from global chemical market intelligence service ICIS pricing.

The monthly marker is negotiated between one major buyer and two major sellers and accounts for at least 40% of the volume of acetone sold in the US.

($1 = €0.68)

For more on acetone visit ICIS chemical intelligence
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By: Heather McGuire Doyle
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