NewsFlashEurope monthly acetone MMA net contract agreed at €380/t

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)

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By: Julia Meehan
+44 20 8652 3214

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