NewsFlashUS ethylene July contracts rise nearly 8% to 42 cents/lb

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

By: William Lemos
+1 713 525 2653

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