10 July 2012 23:59 [Source: ICIS news]
The ECH July contract settled at €1,530-1,550/tonne FD (free delivered) NWE (northwest Europe).
The price of feedstock propylene dropped by €170/tonne in July. As a result, ECH producers were forced to give large reductions because most consumers wanted the full feedstock decrease passed on.
($1 = €0.81)
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