31 December 2009 11:48 [Source: ICIS news]
LONDON (ICIS news)--Several initial January European toluene settlements have been agreed up approximately $83-85/tonne at around $855-870/tonne (€599-609/tonne), amid higher spot levels in a tight market, two sellers and one buyer said on Thursday.
“We see a tight market in ?xml:namespace>
“All across the chain there are low stocks for the year-end, but at the same time there is good demand in
A prompt spot deal, meanwhile, was reported from Wednesday above $880s/tonne FOB (free on board)
The contract was agreed on an FOB northwest Europe (NWE) basis.
Confirmation from other players was pending.
($1 = €0.70)
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