02 August 2012 17:03 [Source: ICIS news]
HOUSTON (ICIS)--US ethylene contracts for July settled on Thursday at 42 cents/lb ($926/tonne, €759/tonne), rising by 3 cents/lb from June on higher production costs and increased spot prices last month.
The settlement represents an increase of nearly 8% compared with June, when the monthly contract settled at 39 cents/lb.
($1 = €0.82)
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