NewsFlashInitial Europe February propylene settles up by €35/t

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)

By: Nel Weddle
+44 20 8652 3214

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