09 January 2009 11:45 [Source: ICIS news]
LONDON (ICIS news)--The first monthly acetone methyl methacrylate (MMA) net-contract price was agreed at €380/tonne ($521/tonne), down 51% from the fourth quarter of 2008, a major acetone producer and acetone consumer said on Friday.
“I can confirm a monthly contract price of acetone for January at €380/tonne,” said the major producer.
The acetone MMA contract price was on a free delivered (FD) northwest Europe (NWE) basis.
The January acetone MMA contract settlement marks a decrease of €400/tonne compared with the fourth-quarter 2008 settlement of €780/tonne FD NWE.
($1 = €0.73)
For more on acetone, MMA and PMMA visit ICIS chemical intelligence
To discuss issues facing the chemical industry go to ICIS connect
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|