27 January 2011 08:58 [Source: ICIS news]
LONDON (ICIS)--An initial European propylene (C3) contract settlement for February has been agreed up by €35/tonne at €1,105/tonne ($1,514/tonne), a major consumer said on Thursday.
The contract, on a free delivered (FD) northwest Europe (NWE) basis, was between the major consumer and one of its suppliers, a major Mediterranean-based producer.
($1 = €0.73)
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