01 April 2011 23:48 [Source: ICIS news]
HOUSTON (ICIS)--US ethylene contracts for March settled on Friday at 53.75 cents/lb ($1,185/tonne, €829/tonne), up by nearly 10% from 49 cents/lb from February.
The increase came on the heels of higher production costs and a jump in spot prices.
For more on ethylene visit ICIS chemical intelligence
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