27 February 2012 16:36 [Source: ICIS news]
LONDON (ICIS)--An initial European propylene contract price for March has been agreed up by €90/tonne at €1,195/tonne ($1,615/tonne), a major producer said on Monday.
The agreement, settled on a free delivered (FD) northwest Europe (NWE) basis, was between one net manufacturer and two buyers. Confirmation from the buyers is still pending.
($1 = €0.74)
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