23 February 2011 03:22 [Source: ICIS news]
The March SM contract was nominated at $1,480/tonne CFR (cost and freight)
Spot prices into the key Chinese market reached the high $1,400/tonne CFR levels in the second half of February, up from the high $1,300/tonne CFR levels a month ago, according to ICIS data.
Nihon Oxirane is a joint venture (JV) between Sumitomo Chemical Co and LyondellBasell.
The company operates a plant at Sodegaura in
($1 = €0.73)
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