Europe July ECH down by €100-110/tonne on falling feedstock

10 July 2012 23:59  [Source: ICIS news]

LONDON (ICIS)--July epichlorohydrin ECH contract prices have decreased by €100-110/tonne ($123-135/tonne) because of falling feedstock propylene costs, sources said on Tuesday.

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)

Follow Janos Gal on Twitter

By: Janos Gal
+44 208 652 3214

AddThis Social Bookmark Button

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly