30 November 2011 19:16 [Source: ICIS news]
LONDON (ICIS)--The European December benzene contract has been agreed at €671/tonne ($895/tonne), up €11/tonne from the previous month, one producer said on Wednesday.
The settlement was made at a US dollar concept of $895/tonne FOB (free on board) NWE (northwest Europe) and converted to the euro price at the agreed exchange rate of €1 to $1.334. Further confirmation from other market participants is pending.
($1 = €0.75)
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