NewsFlashInitial Europe August ethylene up by €140/tonne

30 July 2012 15:45  [Source: ICIS news]

LONDON (ICIS)--An initial European ethylene contract price for August has been agreed at €1,175/tonne ($1,451/tonne), up by €140/tonne from July, a major producer said on Monday.

The contract, which is on a free delivered (FD) northwest Europe (NWE) basis, was agreed between the producer and a non-integrated consumer and is fully confirmed.

($1 = € 0.81)

By: Nel Weddle
+44 20 8652 3214

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