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)
Follow William on Twitter
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.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections