NewsFlashInitial Europe August MEG contract up €4/tonne

01 August 2011 15:23  [Source: ICIS news]

LONDON (ICIS)--An initial European monoethylene glycol (MEG) August contract settlement has been finalised at an increase of €4/tonne ($6/tonne) from July, the buyer and seller involved in the deal confirmed on Monday.

The initial August contract settled at €1,048/tonne FD (free delivered) NWE (northwest Europe).

($1 = €0.69)

By: Mark Victory
+44 208 652 3214

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