09 June 2011 15:42 [Source: ICIS news]
LONDON (ICIS)--The European June toluene contract price range has fully settled at $1,090–1,110/tonne (€752–766/tonne), down $80/tonne from the previous month, a major producer and consumer said on Thursday.
The contracts were agreed on a free on board (FOB) northwest Europe (NWE) basis.
The final range follows initial settlements last week, recorded at $1,090/tonne and $1,105/tonne.
In relation to the June contract range, the producer said: “The lower price just reflects gasoline blend values.”
($1 = €0.69)
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