NewsFlashInitial Europe June ethylene contract agreed down €120/tonne
25 May 2012 14:27 [Source: ICIS news]
LONDON (ICIS)--An initial European ethylene contract settlement for June has been agreed at €1,205/tonne ($1,506/tonne), down by €120/tonne from May, a major producer said on Friday.
The contract, which is agreed on a free delivered (FD) northwest Europe (NWE), was between the major producer and six of its customers.
Confirmation from the customers is pending.
($1 = €0.80)
By: Nel Weddle
+44 20 8652 3214
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