01 July 2009 16:44 [Source: ICIS news]
LONDON (ICIS news)--An initial European monoethylene glycol (MEG) July contract price has settled up €55/tonne ($78/tonne) to €575/tonne, a producer and consumer said on Wednesday.
Both parties also agreed to dropping the June MEG contract price by €10/tonne to €520/tonne, in line with the earlier agreement made between the same customer and another producer. Both contracts were done on a free delivered (FD) northwest ?xml:namespace>
($1 = €0.71)
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|
Asian Chemical Connections